FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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AirPro Corporation reports the following for this period.
Actual total overhead
Standard overhead applied
Budgeted (flexible) variable overhead rate
Budgeted fixed overhead
Predicted activity level
Actual activity level
Volume variance
$ 28,425
$ 32,860
Volume Variance
$ 2.10 per unit
$ 12,600
Compute the volume variance and identify it as favorable or unfavorable.
12,600 units
10,600 units
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Transcribed Image Text:! Required information [The following information applies to the questions displayed below.] AirPro Corporation reports the following for this period. Actual total overhead Standard overhead applied Budgeted (flexible) variable overhead rate Budgeted fixed overhead Predicted activity level Actual activity level Volume variance $ 28,425 $ 32,860 Volume Variance $ 2.10 per unit $ 12,600 Compute the volume variance and identify it as favorable or unfavorable. 12,600 units 10,600 units
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