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The standard factory overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 for fixed factory overhead) based on 100% of normal capacity of 30,000 direct labor hours. The standard cost and the actual cost of factory overhead for the production of 5,000 units during May were as follows:
-The fixed factory overhead volume variance is
Moderate
A term indicating a middle or average degree of intensity, quality, or quantity.
Circumference
The linear distance around the edge of a circle or circular object.
Weight
A measure of the gravitational force exerted on an object, typically measured in units like kilograms or pounds.
Nonlinear
Not forming a straight line; describes relationships in which change in one quantity does not produce a proportional change in another.
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