Livingston Company has developed capacity standards Information about a non value added activity is as follows Standard cost of the activity capacity acquired $60,000 Standard cost of the activity capacity used 0 Standard cost of the actual activity used 50,000 The volume variance is a $60,000 unfa...

Livingston Company has developed capacity standards. Information about a non-value-added activity is as follows: Standard cost of

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Livingston Company has developed capacity standards. Information about a non-value-added activity is as follows:

Standard cost of the activity capacity acquired	$60,000
Standard cost of the activity capacity used	0
Standard cost of the actual activity used	50,000

The volume variance is

a.$60,000 unfavorable.

b.$10,000 favorable.

c.$60,000 favorable.

d.$10,000 unfavorable.

Related Book For answer-question

Accounting Information Systems

ISBN: 9780132871938

11th edition

Authors: George H. Bodnar, William S. Hopwood

Posted Date: Jan 14, 2021 12:41 AM

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