Lines inc applies overhead at the standard rate of 20units, Financial Accounting

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Lines inc applies overhead at the standard rate of 20units

Lines, Inc. applies overhead at the standard rate of $20/units, based on anticipated production of 2,000 units. If Line's actual overhead is $41,000, the overhead volume variance is

a. 1000 favorable

b. 1000 unfavorable

c. cannot tell from data given

d. none of the above

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Financial Accounting: Lines inc applies overhead at the standard rate of 20units

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Financial Accounting: Lines inc applies overhead at the standard rate of 20units

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