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Author Question: Wolfe Manufacturing has provided the following information related to fixed overhead.Standard hours ... (Read 167 times)

Sadjam2

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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.


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Marked as best answer by Sadjam2 on Feb 5, 2023

H.cope00

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Sadjam2

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


Joy Chen

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Reply 3 on: Yesterday
:D TYSM

 

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