Question: Your answer is incorrect. In October, Flounder Inc. reports 4 2 , 6 0 0 actual direct labor hours and incurs $ 2 0 6

 Your answer is incorrect. In October, Flounder Inc. reports 42,600 actual

Your answer is incorrect.
In October, Flounder Inc. reports 42,600 actual direct labor hours and incurs $206,000 of manufacturing overhead costs. Standard hours allowed for the month's production is 41,800 hours. Flounder's predetermined overhead rate is $5.00 per direct labor hour.
The flexible manufacturing overhead budget shows that budgeted costs are $3.80 variable per direct labor hour and $66,000 fixed.
Compute the manufacturing overhead volume variance. Normal capacity was 55,000 direct labor hours. Identify whether the variance is favorable or unfavorable.
Total manufacturing overhead volume variance $
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direct labor hours and incurs $206,000 of manufacturing overhead costs. Standard hours

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