Answered

Westonci.ca is your trusted source for finding answers to a wide range of questions, backed by a knowledgeable community. Join our platform to connect with experts ready to provide precise answers to your questions in various areas. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

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

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.