Hayward Inc -Hayward's Fixed Overhead Spending Variance Is:
A) $2000 F
B)

Hayward Inc.
Hayward Inc. produces a unique item. Hayward’s management team wishes to perform a variance analysis on its fixed overhead. Fixed overhead is applied to units produced using direct labour hours as its cost driver. The company’s managerial accountant has compiled the following information:
$\begin{array}{l}\begin{array}{lr}\underline{\text { Projected data: }}\\\text { Estimated direct labour hours } & 50000 \text { hours } \\\text { Estimated fixed overhead } & \$ 75000\end{array}\\\\\underline{\text { Actual data:} }\\\begin{array}{lr}\text { Actual production } & 104000 \text { units } \\\text { Actual direct labour hours used } & 52000 \text { hours } \\\text { Actual fixed overhead } & \$ 80000\end{array}\end{array}$

-Hayward's fixed overhead spending variance is:

A) $2000 F
B) $2000 U
C) $5000 F
D) $5000 U