(Appendix 10A) Asper Corporation has provided the following data for February.

-The volume variance for February is:
A) $17,300 U
B) $17,300 F
C) $6,920 F
D) $6,920 U

Question

(Appendix 10A) Asper Corporation has provided the following data for February.
 
-The volume variance for February is:
A) $17,300 U 
B) $17,300 F 
C) $6,920 F 
D) $6,920 U

Quizplus · Accepted Answer

Volume variance = Fixed component of the predetermined overhead rate x (Denominator hours - Standard hours allowed for the actual output)
= $34.60 per hour × (7,700 hours - 8,200 hours)
= $34.60 per hour × (-500 hours)
= $17,300 F

(Appendix 10A) Asper Corporation Has Provided the Following Data for February