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Author Question: Hockey Accessories Corporation manufactured 21,400 duffle bags during March. The following fixed ... (Read 145 times)

theo

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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:

ActualStatic Budget
Production21,400 units22,000 units
Machine-hours3,400 hours4,400 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


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Marked as best answer by theo on Mar 6, 2021

yotaSR5

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theo

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


ghepp

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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