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Author Question: Castleton Corporation manufactured 36,500 units during March. The following fixed overhead data ... (Read 110 times)

scienceeasy

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Question 1

Castleton Corporation manufactured 36,000 units during March. The following fixed overhead data relates to March:

ActualStatic Budget
Production36,000 units34,000 units
Machine-hours6,960 hours6,800 hours
Fixed overhead costs for March$164,700$156,400

What is the flexible-budget amount?
◦ $170,379.31
◦ $156,400.00
◦ $165,600.00
◦ $164,700.00

Question 2

Castleton Corporation manufactured 36,500 units during March. The following fixed overhead data relates to March:

ActualStatic Budget
Production36,500 units35,000 units
Machine-hours5,400 hours5,250 hours
Fixed overhead costs for March$139,510$131,250

What is the fixed overhead spending variance?
◦ $2,635.00 unfavorable
◦ $8,260.00 favorable
◦ $8,260.00 unfavorable
◦ $2,635.00 favorable


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Marked as best answer by scienceeasy on Mar 6, 2021

polinasid

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scienceeasy

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it


parshano

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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