Author Question: Hockey Accessories Corporation manufactured 21,400 duffle bags during March. The following fixed ... (Read 183 times)

theo · **on:** Mar 6, 2021

Question 1

For fixed manufacturing overhead, there is no ________.
◦ spending variance
◦ efficiency variance
◦ flexible-budget variance
◦ production-volume variance

Question 2

Hockey Accessories Corporation manufactured 21,400 duffle bags during March. The following fixed overhead data pertain to March:

Actual

Static Budget

Production

21,400 units

22,000 units

Machine-hours

3,400 hours

4,400 hours

Fixed overhead cost for March

$176,300

$184,800

What is the amount of fixed overhead spending variance?
◦ $8,500 unfavorable
◦ $3,460 favorable
◦ $3,460 unfavorable
◦ $8,500 favorable

yotaSR5 · **Reply #1 on:** Mar 6, 2021

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