InstructionsRead the questions carefully.
This assessment is worth 100 points.
Adams, Inc., uses the following standard to produce a single unit of its product:
Overhead (2 hrs. @ $3/hr.)
The flexible budget for overhead is $100,000 plus $1 per direct labor hour. Actual data for the month show overhead costs of $150,000, and 24,000 units produced. The overhead volume variance is:
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