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The Standard Costs and Actual Costs for Direct Materials,direct Labor,and

Question 145

Multiple Choice

The standard costs and actual costs for direct materials,direct labor,and factory overhead for the manufacture of 2,500 units of product are as follows:
The standard costs and actual costs for direct materials,direct labor,and factory overhead for the manufacture of 2,500 units of product are as follows:   Variable cost @ $2 per hour Total variable cost,$18,000 Fixed cost @ $0.80 per hour Total fixed cost,$8,000 The amount of the fixed factory overhead volume variance is A) $2,000 favorable. B) $2,500 favorable. C) $2,500 unfavorable. D) $2,000 unfavorable.
Variable cost @ $2 per hour
Total variable cost,$18,000
Fixed cost @ $0.80 per hour
Total fixed cost,$8,000
The amount of the fixed factory overhead volume variance is


A) $2,000 favorable.
B) $2,500 favorable.
C) $2,500 unfavorable.
D) $2,000 unfavorable.

Correct Answer:

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