wHii Connect / \'m Chapter 21 C | ezto.mheducation.com/hm.tpx connect. Manageria

Question

wHii Connect / 'm Chapter 21 C | ezto.mheducation.com/hm.tpx connect. Managerial Accounting 02: ACC 232.0 ACCOUNTING pter 21 Question 8 (0117) 0.50 points AirPro Corp reports the following for November. Actual total factory overhead incurred Standard factory overhead S 28,425 $ 210 per unit produced Variable overhead Fixed overhead ($11,500/11,500 predicted units to be produced) 1 per unit Predicted units to produce Actual units produced 11,500 units 8,900 units Commiute the overhead volume variance for November Volume Variance Volume variance 0 Type here to search

Explanation / Answer

Std total overhead rate per unit   $ 3.10 (2.10+1) Budgeted Output   11,500 units Budgeted Std overheads (11500*3.10) = $ 35,650 Actual Output 8900 units Std overhead applied for actual output(8900*3.10) = $27,590 Overhead volume variance = Std overhead applied for actual output - Budgeted Std overheads 27,590 - 35,650 = $ 8,060 unfavorable

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