Concept explainers
JoyT Company manufactures Maxi Dolls for sale in toy stores. In planning for this year, JoyT estimated variable factory
Based on the output accomplished during this year, 9,900 standard direct labor hours should have been used. Actual variable factory overhead was $596,000, and actual fixed factory overhead was $410,000 for the year. Based on this information, the variable factory overhead controllable variance for JoyT for this year was:
- a. $24,000 unfavorable.
- b. $2,000 unfavorable.
- c. $4,000 favorable.
- d. $22,000 favorable.
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