The following information is available for Baxter Manufacturing for April: Actual machine hours 840 Standard machine hours allowed 900 Denominator activity (machine hours) 1,000 Actual fixed overhead costs $ 3,800 Budgeted fixed overhead costs $ 4,000 Predetermined overhead rate ($1 variable + $4 fixed) $ 5 What is the production volume variance? Multiple Choice $300. $400. $240. $200.
The following information is available for Baxter Manufacturing for April: Actual machine hours 840 Standard machine hours allowed 900 Denominator activity (machine hours) 1,000 Actual fixed overhead costs $ 3,800 Budgeted fixed overhead costs $ 4,000 Predetermined overhead rate ($1 variable + $4 fixed) $ 5 What is the production volume variance? Multiple Choice $300. $400. $240. $200.
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 12PA: ABC Inc. spent a total of $48,000 on factory overhead. Of this, $28,000 was fixed overhead. ABC Inc....
Related questions
Question
The following information is available for Baxter Manufacturing for April:
| Actual machine hours | 840 | ||
| Standard machine hours allowed | 900 | ||
| Denominator activity (machine hours) | 1,000 | ||
| Actual fixed |
$ | 3,800 | |
| Budgeted fixed overhead costs | $ | 4,000 | |
| Predetermined overhead rate ($1 variable + $4 fixed) | $ | 5 | |
What is the production volume variance?
Multiple Choice
-
$300.
-
$400.
-
$240.
-
$200.
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