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Use the information below to answer the following question(s) .Regal Company uses a single cost pool for fixed manufacturing overhead.The amount for June 2019 was budgeted at $500,000; however, the actual amount was $700,000.Actual production for June was 12,500 units, and actual machine hours were 10,000.Budgeted production included 17,750 units and 12,375 machine hours.
-Budgeted output for DuCane Small Engines Inc.was 20,000 engines during February 2019.Budgeted fixed overhead per output unit was $2.50, and 30,000 engines were actually produced.Actual fixed overhead was allocated at $3.00 per engine.What is the production-volume variance?


Definitions:

Marketing Mix

is a set of actions or tactics a company uses to promote its brand or product in the market, traditionally defined by the four Ps: Product, Price, Place, and Promotion.

Marketing Mix

A foundational model in marketing that blends together the four critical elements of product, price, place, and promotion to create effective strategies.

Designer Cookware

High-quality cooking utensils and equipment designed with a focus on aesthetics, functionality, and premium materials.

Positioning

The strategy of placing a brand or product in a particular market segment to distinguish it from competitors, aimed at creating a unique impression in the minds of consumers.

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