Top Posters
Since Sunday
18
s
5
C
4
j
4
s
4
W
3
a
3
H
3
s
3
a
3
o
3
K
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
sarasmith06 sarasmith06
wrote...
Go to Answer
Posts: 51
Rep: 0 0
A month ago
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.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 19 times
1 Reply
Replies
Answer verified by a subject expert
fujiokifujioki
wrote...
#1
Posts: 69
Rep: 0 0
A month ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
a.$85,000 - ($1,500 × 5 × $12) = $5,000 favorable
b.(1,500 × 5 × $12) - (1,440 × 5 × $12) = $3,600 unfavorable


1

Related Topics

sarasmith06 Author
wrote...

A month ago
Thank you, thank you, thank you!
Fleury
wrote...

Yesterday
Just got PERFECT on my quiz
kc123
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  214 People Browsing
 295 Signed Up Today
Start New Topic Take the Tour Study Tips Study ToolsNew Topics Trending Browse by Textbook
Related Images
  
 4059
  
 190
  
 201
Your Opinion
How often do you eat-out per week?
Votes: 67
Previous poll results: Which 'study break' activity do you find most distracting?