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Author Question: Wolfe Manufacturing has provided the following information related to fixed overhead.Standard hours ... (Read 579 times)

Sadjam2

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on: Feb 5, 2023
Wolfe Manufacturing has provided the following information related to fixed overhead.

Standard hours per unit of production5 hours
Fixed overhead rate$12 per hour
Budgeted units of production1,500 units
Actual fixed overhead cost$85,000
Actual units of production1,440

Required:

a.Calculate the fixed overhead spending variance for the period.
b.Calculate the fixed overhead volume variance for the period.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by Sadjam2 on Feb 5, 2023

H.cope00

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Reply #1 on: Feb 5, 2023
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Sadjam2

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

zacnyjessica

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

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