Answered

Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Discover a wealth of knowledge from professionals across various disciplines on our user-friendly Q&A platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Jenny's Corporation manufactured 13,000 grooming kits for horses during March. The fixed-overhead cost-allocation rate is $20 per machine-hour. The following fixed overhead data pertain to March: Actual Static Budget Production 13,000 units 12,000 units Machine-hours 3,050 hours 3,000 hours Fixed overhead costs $63,000 $60,000 What is the fixed overhead spending variance

Sagot :

ayokenny2001

Answer:

$3,000 unfavorable

Explanation:

With regards to the above, the fixed overhead spending variance is computed as;

= Actual overhead - Budgeted overhead.

Given that;

Actual overhead =

Budgeted overhead =

= $63,000 - $60,000

= $3,000 unfavorable

Therefore, the fixed overhead spending variance is $3,000 unfavorable

Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.