Dairy Delites had the following projected and incurred the following production and cost data shown below:
What is the Fixed-MOH Price Variance?
A) $136 favorable
B) $136 unfavorable
C) $216 favorable
D) $216 unfavorable

Question

Dairy Delites had the following projected and incurred the following production and cost data shown below:
 What is the Fixed-MOH Price Variance?
A) $136 favorable 
B) $136 unfavorable 
C) $216 favorable 
D) $216 unfavorable

Quizplus · Accepted Answer

Actual Fixed-MOH Incurred - Master Budget Fixed-MOH = $2,572 - (MBQ x SP) = $2,572 - (820 hrs. x $3.40/hr.) = $2,572 - $2,788 = $216 favorable.

Dairy Delites Had the Following Projected and Incurred the Following