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Compute the amount of total factory overhead cost variance

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Question - The standard costs and actual costs for factory overhead for the manufacture of 2,700 units of actual production are as follows:

Standard Costs

Fixed overhead (based on 10,000 hours) 3 hours per unit @ $0.72 per hour

Variable overhead3 hours per unit @ $2.01 per hour

Actual Costs

Total variable cost, $18,100

Total fixed cost, $8,100

The amount of the total factory overhead cost variance is

a. $3,187 favorable

b. $3,187 unfavorable

c. $1,819 unfavorable

d. $4,555 favorable

Reference no: EM132197363

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