Question: Use the following information for the Quick Study below. Skip to question [The following information applies to the questions displayed below.] AirPro Corp. reports the
Use the following information for the Quick Study below.
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[The following information applies to the questions displayed below.] AirPro Corp. reports the following for November.
| Actual total factory overhead incurred | $ | 28,925 | ||
| Standard factory overhead: | ||||
| Variable overhead | $ | 2.10 | per unit produced | |
| Fixed overhead | ||||
| ($11,300/11,300 predicted units to be produced) | $ | 1.00 | per unit | |
| Predicted units to produce | 11,300 | units | ||
| Actual units produced | 10,000 | units | ||
Compute the total overhead variance and controllable overhead variance for November and classify each as favorable, unfavorable or no variance. (Round "Variable amount per unit" to 2 decimal places.)
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