The following information applies to the questions displayed below.
airpro corp. reports the following for november.
actual total factory overhead incurred $28,175
standard factory overhead:
variable overhead 3.10 per unit produced
fixed overhead
($12,000/12,000 predicted units to be produced) $ 1.00 per unit
predicted units to produce 12,000 units
actual units produced 9,800 units
required:
1. compute the overhead volume variance for november and classify it as favorable or unfavorable.