The production cost for a waterproof phone case is $5 per unit and fixed costs are $27,110 per month. How much is the favorable or unfavorable variance if 5,216 units were produced for a total of $65,014? Enter a favorable variance as a positive number. Enter an unfavorable variable as a negative number with a - sign. Do not use parentheses. Round to the whole dollar, no decimal places.

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter9: Standard Costing: A Functional-based Control Approach
Section: Chapter Questions
Problem 4CE: Kavallia Company set a standard cost for one item at 328,000; allowable deviation is 14,500. Actual...
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The production cost for a waterproof phone case is $5 per unit and fixed costs are $27,110 per month. How much is the favorable or unfavorable variance if 5,216 units were produced for a total of $65,014? Enter a favorable variance as a positive number. Enter an unfavorable variable as a negative number with a - sign. Do not use parentheses. Round to the whole dollar, no decimal places.

 
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