Factory Overhead Volume Variance Bellingham Company produced 3,800 units of product that required 3.5 standard direct labor hours per unit. The standard fixed overhead cost per unit is $2.45 per direct labor hour at 14,200 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. $

Factory Overhead Volume Variance Bellingham Company produced 3,800 units of product that required 3.5 standard direct labor hours per unit. The standard fixed overhead cost per unit is $2.45 per direct labor hour at 14,200 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. $

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Description: **Factory Overhead Volume Variance**Bellingham Company produced 3,800 units of product that required 3.5 standard direct labor hours per unit. The standard fixed overhead cost per unit is $2.45 per direct labor hour at 14,200 hours, which is 100% of

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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