The Following Information Is Available from the Terry Company What Is the Fixed Overhead Production Volume Variance for Terry

question 42

Multiple Choice

The following information is available from the Terry Company: $\begin{array}{lrr}\text { Actual total factory overhead cost incurred } & \$ 25,000 \\\text { Actual fixed overhead cost incurred } & \$ 10,400 \\\text { Budgeted fixed overhead expenses } & \$ 11,000 \\\text { Actual direct labor hours (DLH) worked } & 4,400 \\\text { Standard DLHs for this period's production (output) } & 4,000 \\\text { Standard variable overhead rate per DLH } & \$ 3.00 \\\text { Standard fixed overhead rate per DLH } & \$ 2.50\end{array}$ What is the fixed overhead production volume variance for Terry Company for the period, to the nearest whole dollar?

• A) $600 favorable.
• B) $1,000 unfavorable.
• C) $1,200 unfavorable.
• D) $1,400 favorable.
• E) $1,400 unfavorable.

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Hair that is of a light yellow color, which can range in shades from very pale blond to deep golden blond.