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Find the company fixed-overhead volume variance would

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Reference no: EM132506960

Approach Company, which applies overhead to production on the basis of machine hours, reported the following data for the period just ended:

Actual units produced: 11,900

Actual fixed overhead incurred: $847,000

Standard fixed overhead rate: $16 per hour

Budgeted fixed overhead: $800,000

Planned level of machine-hour activity: 50,000

Question 1: If Approach estimates four hours to manufacture a completed unit, the company's fixed-overhead volume variance would be:

Reference no: EM132506960

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