Dean Company used a standard cost system to prepare the following budget at normal capacity for the month of May.Actual data for May were as follows:
Determine the fixed overhead budget and volume variances.

Budget
Volume
A) $5000 F $5000 U
B) $5000 U $0
C) $5000 U $5000 F
D) $0 $5000 U

Question

Dean Company used a standard cost system to prepare the following budget at normal capacity for the month of May.Actual data for May were as follows:
Determine the fixed overhead budget and volume variances.

Budget
Volume
A) $5000 F $5000 U 
B) $5000 U $0 
C) $5000 U $5000 F 
D) $0 $5000 U

Quizplus · Accepted Answer

The Answer of Dean Company used a standard cost system to prepare the following budget at normal capacity for the month of May.Actual data for May were as follows:
Determine the fixed overhead budget and volume variances.

Budget
Volume
A) $5000 F $5000 U 
B) $5000 U $0 
C) $5000 U $5000 F 
D) $0 $5000 U

Dean Company Used a Standard Cost System to Prepare the Following