Hogle Manufacturing uses a standard costing system. The standard time to produce one unit is 4 hours, and normal production is 3,000 units monthly. Overhead costs were estimated to be $135,000. The standard variable overhead rate is $5 per machine hour. During April the following results were recorded: 
The fixed overhead production volume variance was
Definitions:
Income Distribution
The way in which total income is shared among the members of a society.
State Of The Economy
The general condition of a nation's economic system in terms of growth, stability, and overall health.
Wage Earner
Refers to an individual who receives a regular salary or wages, typically in exchange for providing labor to an employer.
Preschool Children
Refers to young children, typically aged between 2 and 5 years, who are in the initial stages of formal education prior to attending kindergarten.
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