Candelaria Arts is a manufacturer of luxury Candles, Budgeted Fixed Manufacturing overhead in 340,800 Candelaria Arts allocates fixed manufacturing overhead to each candle using budgeted direct manufacturing labor-hours per unit. Each candle budgeted to takes labour-hours Actual output started and completed is 600. Budgeted fixed overhead rate per unit of allocation base is 514 The Production-volume variance is..... unfavorable 532,400 favorable 1.200 unfavorable 51,200 favorable 533,400
