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Question - Noosh Corporation's budgetary control report for last month reads as follows;
Static budget
Flexed budget
Actual Results
Direct Costs
360,000
384,000
390,000
Production overhead
423,000
451,200
445,000
Other overhead
96,000
102,400
101,000
879,000
937,600
936,000
Required - What was the volume variance for last month?
a) $1,600 Favourable
b) $1,600 Unfavourable
c) $58,600 Favourable
d) $58.600 Unfavourable
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