Match Point, Inc has the following overhead standards Variable overhead 5 hours at $7 per hour Fixed overhead 5 hours at $9 per hour The standards were based on a planned activity of 35,000 machine hours when 7,000 units were scheduled for production Actual data follow Variable overhead incurred $187,750 Fixed overhead incurred $375,000 Machine hours worked 34,800 Actual units produced 7,100 What is Match Points fixed overhead volume variance

Question: Match Point, Inc. has the following overhead standards: Variable overhead: 5 hours at $7 per hour Fixed overhead: 5 hours at $9 per hour The

Match Point, Inc. has the following overhead standards:
Variable overhead: 5 hours at $7 per hour
Fixed overhead: 5 hours at $9 per hour

The standards were based on a planned activity of 35,000 machine hours when 7,000 units were scheduled for production.
Actual data follow.

Variable overhead incurred: $187,750
Fixed overhead incurred: $375,000
Machine hours worked: 34,800
Actual units produced: 7,100

What is Match Point’s fixed-overhead volume variance ?

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