Question: Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] AirPro Corp. reports the following for November.
Use the following information for the Quick Study below.
[The following information applies to the questions displayed below.] AirPro Corp. reports the following for November.
| Actual total factory overhead incurred | $ | 28,775 | ||
| Standard factory overhead: | ||||
| Variable overhead | $ | 2.10 | per unit produced | |
| Fixed overhead | ||||
| ($12,700/12,700 predicted units to be produced) | $ | 1.00 | per unit | |
| Predicted units to produce | 12,700 | units | ||
| Actual units produced | 10,100 | units | ||
QS 08-14 Controllable overhead variance LO P4
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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