The fixed factory overhead volume variance is $400 (unfavorable)
solution
Fixed Overhead Volume Variance = Applied Fixed Overhead – Budgeted Fixed Overhead
Applied Fixed Overhead= 4,000 units ×2.5 hrs per unit×$0.80 = $8000
and
Budgeted Fixed Overhead =10,500 hrs × $0.80 = $8400
Fixed Overhead Volume Variance = $8000- $8400 = $400 (unfavorable)
Jill was paid $649.60 last week
answer.$649.60
Answer:
Explanation:Cost Benefit Principle is an accounting principle and it states that, "the cost of providing financial information in the financial statements must not outweigh the benefit of that information to the users". It can also be referred to as
cost benefit relationship and it simply says that no financial information is free.