Use the below information to answer the following questions:
Bekits Corporation manufactured 25,000 grooming kits for horses during March. The following fixed overhead data relates to March:
$\begin{array}{lrr}&\text { Actual }&\text { Static Budget }\
\text { Production } & 37,500 \text { units } & 36,000 \text { units } \
\text { Machine-hours } & 6,100 \text { hours } & 5,940 \text { hours } \
\text { Fixed overhead costs for March } & \$ 133,000 & \$ 124,740
\end{array}$
-What is the fixed overhead spending variance?

Question

Use the below information to answer the following questions:
Bekits Corporation manufactured 25,000 grooming kits for horses during March. The following fixed overhead data relates to March:
 $\begin{array}{lrr}&\text { Actual }&\text { Static Budget }\
\text { Production } & 37,500 \text { units } & 36,000 \text { units } \
\text { Machine-hours } & 6,100 \text { hours } & 5,940 \text { hours } \
\text { Fixed overhead costs for March } & \$ 133,000 & \$ 124,740
\end{array}$
-What is the fixed overhead spending variance?

Quizplus · Accepted Answer

The fixed overhead spending variance is calculated as the difference between the actual fixed overhead costs and the budgeted fixed overhead costs. Here, it is $133,000 (actual) - $124,740 (budgeted) = $8,260 unfavorable.

Use the Below Information to Answer the Following Questions: Bekits

Use the Below Information to Answer the Following Questions:
Bekits