Castleton Corporation manufactured 36,500 units during March.The following fixed overhead data relates to March:
$\begin{array}{lll}& \text { Actual } & \text { Static Buidget } \
\text { Production } & 36,500 \text { units } & 35,000 \text { units } \
\text { Machine-hours } & 5,400 \text { hours } & 5,250 \text { hours } \
\text { Fixed overhead costs for March } & \$ 139.510 & \$ 131,250
\end{array}$
What is the fixed overhead spending variance?

Question

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 $139,510 (actual) - $131,250 (budgeted) = $8,260 unfavorable.

Castleton Corporation Manufactured 36,500 Units During March What Is the Fixed Overhead Spending Variance? A)$2,635

Castleton Corporation Manufactured 36,500 Units During March What Is the Fixed Overhead Spending Variance?
A)$2,635