Venus Corporation incurred fixed manufacturing costs of $6,100 during 2020. Other information for 2020 includes The budgeted denominator level is 1,400 units Units produced total 750 units Units sold total 600 units Beginning inventory was zero. The company uses variable costing and the fixed manufacturing cost rate is based on the budgeted denominator level Manufa goods sold The production - volume variance totals O A. $1,220 O B. $2 832 OC. SO O D. $654

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Venus Corporation incurred fixed manufacturing costs of $6,100 during 2020. Other information for 2020 includes:
The budgeted denominator level is 1,400 units.
Units produced total 750 units.
Units sold total 600 units
Beginning inventory was zero
company uses variable costing and the fixed manufacturing cost rate is based on the budgeted denominator level Manufa
goods sold
The
The production - volume variance totals
O A. $1,220
O B. $2.832
OC. S0
O D. $654
Click to select your answer
Transcribed Image Text:39 of 40 (1 complete) Venus Corporation incurred fixed manufacturing costs of $6,100 during 2020. Other information for 2020 includes: The budgeted denominator level is 1,400 units. Units produced total 750 units. Units sold total 600 units Beginning inventory was zero company uses variable costing and the fixed manufacturing cost rate is based on the budgeted denominator level Manufa goods sold The The production - volume variance totals O A. $1,220 O B. $2.832 OC. S0 O D. $654 Click to select your answer
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