Multiple Choice
Use the following information for questions
Budgeted overhead for Cinnabar Industries at normal capacity of 30000 direct labor hours is $6 per hour variable and $4 per hour fixed. In May $310000 of overhead was incurred in working 31500 hours when 32000 standard hours were allowed.
-The overhead volume variance is
A) $8000 favorable.
B) $11000 favorable.
C) $5000 favorable.
D) $10000 favorable.
Correct Answer:
Verified
Correct Answer:
Verified
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