Question: Use this information to answer the question that follow. The standard costs and actual costs for factory overhead for the manufacture of 2,500 units
Use this information to answer the question that follow. The standard costs and actual costs for factory overhead for the manufacture of 2,500 units of actual production are as follows: Standard Costs Fixed overhead (based on 10,000 hours) 3 hours per unit @ $0.80 per hour Variable overhead 3 hours per unit @ $2.00 per hour Actual Costs Total variable cost, $18,000 Total fixed cost, $8,000 The fixed factory overhead volume variance is a. $2,000 favorable b. $0 c. $2,000 unfavorable d. $2,500 unfavorable
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