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Question
Regent, Inc. uses the following standard to produce a single unit of its product: overhead $6 (2 hrs. @ $3/hr.). The flexible budget for overhead is $100,000 plus $1 per direct labor hour. Actual data for the month show overhead costs of $150,000, and 24,000 units produced. The overhead volume variance is:A.$10,000 favorable.
B.$12,000 favorable.
C.$ 4,000 unfavorable.
D.$16,000 unfavorable.
E.$36,000 unfavorable.
Answer
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