Felixthecat2872 Felixthecat2872
  • 22-04-2022
  • Business
contestada

A company has budgeted overhead of $10,000 and standard overhead applied of $10,400. The volume variance is:

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Parrain
Parrain Parrain
  • 25-04-2022

Based on the budgeted overhead and the standard overhead, the volume variance would be $400 Favorable.

What is the volume variance?

The volume variance can be found as:

= Standard overhead applied - Budgeted overhead

Solving gives:

= 10,400 - 10,000

= $400

As this figure is positive, this is a favorable variance.

Find out more on volume variance at https://brainly.com/question/4127264.

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