Solution-What is the fixed overhead spending variance

What is the fixed overhead spending variance

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Reference no: EM132817702

Question - Sloth Company reports the following information for the last year of operations:

Actual fixed overhead costs (7,000 units) $77,000

Budgeted fixed overhead costs (10,000 units) 80,000

Planned level of operations (in units) 10,000

Actual level of operations (in units) 7,000

Required - What is the fixed overhead spending variance?

$21,000 Unfavorable

$24,000 Unfavorable

$30,000 Favorable

$3,000 Favorable

Reference no: EM132817702

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What is the fixed overhead spending variance

Reference no: EM132817702

Reference no: EM132817702

Questions Cloud

Reviews

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Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

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