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Find what is the fixed overhead spending variance

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Reference no: EM132547977

Moonbeam Company uses a standard cost system for its production process and applies overhead based on direct labor hours. The following information is available for September when Moonbeam produced 5,000 units:

Standard:'

DLH per unit3.00
Variable overhead per DLH$1.80
Fixed overhead per DLH$3.25
Budgeted variable overhead$27,250
Budgeted fixed overhead$49,500

Actual:

Direct labor hours16,000
Variable overhead$31,325
Fixed overhead$49,750

Question 1: Refer to Moonbeam Company. Using the four-variance approach, what is the fixed overhead spending variance?

a.$2,250 F

b.$1,000 U

c.$ 250 U

d.$ 250 F

Reference no: EM132547977

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