Question: The standard variable overhead rate for Unbeatable Toys is $5. Budgeted fixed overhead is $20,000. Unbeatable Toys' budgeted production was 2,000 units for the current

The standard variable overhead rate for Unbeatable Toys is $5. Budgeted fixed overhead is $20,000. Unbeatable Toys' budgeted production was 2,000 units for the current period and actual production was 1,950. What is the production volume variance?

 

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