DBC's actual and budgeted fixed overhead amounts for the last year were $480,000 and $420,000. Standard hours allowed for the output achieved was 65,000 hours. 60,000 hours had been budgeted for the year. DBC's fixed overhead volume variance was:

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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DBC's actual and budgeted fixed overhead
amounts for the last year were $480,000
and $420,000. Standard hours allowed for
the output achieved was 65,000 hours.
60,000 hours had been budgeted for the
year. DBC's fixed overhead volume
variance was:
$35,000 unfavourable
$60,000 favourable
$60,000 unfavourable
$25,000 favourable
Transcribed Image Text:DBC's actual and budgeted fixed overhead amounts for the last year were $480,000 and $420,000. Standard hours allowed for the output achieved was 65,000 hours. 60,000 hours had been budgeted for the year. DBC's fixed overhead volume variance was: $35,000 unfavourable $60,000 favourable $60,000 unfavourable $25,000 favourable
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