Fogel Co. expects to produce 103,000 units for the year. The company’s flexible budget for 103,000 units of production shows variable overhead costs of $144,200 and fixed overhead costs of $124,000. For the year, the company incurred actual overhead costs of $255,800 while producing 97,000 units.Compute the controllable overhead variance and classify it as favorable, unfavorable or no variance. (Round cost per unit to 2 decimal places.)

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Fogel Co. expects to produce 103,000 units for the year. The company’s flexible budget for 103,000 units of production shows variable overhead costs of $144,200 and fixed overhead costs of $124,000. For the year, the company incurred actual overhead costs of $255,800 while producing 97,000 units.

Compute the controllable overhead variance and classify it as favorable, unfavorable or no variance. (Round cost per unit to 2 decimal places.)

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