Dvorak Company produced 1,000 units of product that required three standard hours per unit. The standard fixed overhead cost per unit is $0.60 per hour at 3,500 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance.
Answer:
$300 unfavorable $0.60 × [3,500 hrs. – (1,000 units × 3 hrs.)]