Use the following to answer questions:
Tillinghuisen Inc. uses a standard cost system. Last year's records showed the following information:

-How much is the fixed overhead volume variance?
A) $1,000 unfavorable
B) $6,750 unfavorable
C) $1,000 favorable
D) $6,750 favorable

Question

Use the following to answer questions:
Tillinghuisen Inc. uses a standard cost system. Last year's records showed the following information:
 
-How much is the fixed overhead volume variance?
A) $1,000 unfavorable 
B) $6,750 unfavorable 
C) $1,000 favorable 
D) $6,750 favorable

Quizplus · Accepted Answer

Fixed overhead volume variance = (Actual fixed overhead - Budgeted fixed overhead)= ($10,000 - $3,250)= $6,750 unfavorable

Use the Following to Answer Questions