P3 Refer to information in QS23 19 Compute the overhead volume
P3 Refer to information in QS23-19. Compute the overhead volume variance for November.
In QS 23-19, AirPro Corp. reports the following for November. Compute the controllable overhead variance 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 per unit
Predicted units produced . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,000 units
Actual units produced . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,800 units

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