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Sunland Delites had the following projected and incurred the following production and cost data shown below: Actual Fixed-MOH Incurred                                              $2762     Actual Quantity of the Cost Driver (AQ)                            940    hours Master Budget Quantity of the Cost Driver (MBQ)           1010    hours Standard Price per usage of cost driver (SP)                    $3.30/    hr What is the Fixed-MOH Price Variance? A. $571 unfavorable  B. $491 favorable  C. $571 favorable  D. $491 unfavorable

Sunland Delites had the following projected and incurred the following production and cost data shown below: Actual Fixed-MOH Incurred                                              $2762     Actual Quantity of the Cost Driver (AQ)                            940    hours Master Budget Quantity of the Cost Driver (MBQ)           1010    hours Standard Price per usage of cost driver (SP)                    $3.30/    hr What is the Fixed-MOH Price Variance? A. $571 unfavorable  B. $491 favorable  C. $571 favorable  D. $491 unfavorable

FINANCIAL ACCOUNTING
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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Sunland Delites had the following projected and incurred the following production and cost data shown below:

Actual Fixed-MOH Incurred                                              $2762    
Actual Quantity of the Cost Driver (AQ)                            940    hours
Master Budget Quantity of the Cost Driver (MBQ)           1010    hours
Standard Price per usage of cost driver (SP)                    $3.30/    hr


What is the Fixed-MOH Price Variance?

A. $571 unfavorable 
B. $491 favorable 
C. $571 favorable 
D. $491 unfavorable

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