During November,Heim Company Allocated Overhead to Products at the Rate

question 43

Essay

During November,Heim Company allocated overhead to products at the rate of $26.00 per direct labor hour.This figure was based on 80% of capacity or 1,600 direct labor hours.However,Heim Company operated at only 70% of capacity,or 1,400 direct labor hours.Budgeted overhead at 70% of capacity is $38,900,and overhead actually incurred was $38,000.What is the company's volume variance for November?
(Indicate whether the variance is favorable or unfavorable)

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Definitions:

Multiple Media

Refers to the use or involvement of various forms of media, such as print, digital, and broadcast, to disseminate information or entertainment.

Modern Advertising

Involves contemporary strategies, techniques, and channels used to communicate promotional messages to consumers, heavily relying on digital technology and social media.

Brand

“The total constellation of meanings, feelings, perceptions, beliefs, and goodwill attributed to any market offering displaying a particular sign” (Muniz, 2007). A brand is a carefully constructed set of meanings that a company attaches to a particular product, including the company itself.

Perishable Household Items

Perishable household items refer to goods within the home that have a limited shelf life and require timely use or consumption, such as food, medicine, and certain chemicals.