Accounting for Decision Making and Control 6th Edition by Jerold Zimmerman

Exercise 1

Logical Solutions reports the following overhead variances for 2010:

In addition, actual overhead incurred in 2010 was $1 million. Overhead is absorbed to products using standard direct labor hours. 2010 volume was budgeted to be 40,000 direct labor hours and fixed overhead was budgeted to be $600,000.
Required:
What were actual volume, standard volume, and budgeted variable overhead for 2010