Camping Supplies produces light-weight cots.The company plans to produce 10,000 cots this year.Fixed overhead costs for the factory are budgeted to be $50,000.The company actually spent $48,000 on fixed overhead and produced 8,000 cots.
Required:
Calculate the fixed overhead spending variance.

Question

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The Answer of Camping Supplies produces light-weight cots.The company plans to produce 10,000 cots this year.Fixed overhead costs for the factory are budgeted to be $50,000.The company actually spent $48,000 on fixed overhead and produced 8,000 cots.
Required:
Calculate the fixed overhead spending variance.

Camping Supplies Produces Light-Weight Cots