Carlson Fashions uses standard costs for its manufacturing division
From the following data, calculate the fixed overhead volume variance.
Actual fixed overhead $40,000
Budgeted fixed overhead $21,000
Standard overhead allocation rate $8
Standard direct labor hours per unit 4 DLHr
Actual output 2,100 units
A) $16,800 F
B) $46,200 U
C) $46,200 F
D) $16,800 U
C .C) Fixed overhead volume variance = Budgeted fixed overhead - Allocated fixed overhead
Note:
Overhead allocated to production = Standard overhead allocation rate x Standard quantity of the allocation base allowed for actual output
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