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Mars2501 [29]
3 years ago
5

Hockey Accessories Corporation manufactured 21 comma 100 duffle bags during March. The following fixed overhead data pertain to​

March: Actual Static Budget Production 21 comma 100 units 21 comma 500 units Machineminushours 11 comma 700 hours 12 comma 900 hours Fixed overhead costs for March $ 559 comma 300 $ 567 comma 600 What is the amount of fixed overhead allocated to​ production?
Business
1 answer:
Angelina_Jolie [31]3 years ago
7 0

Answer:

Fixed overhead spending variance  = 8300 Favourable

Explanation:

given data

Actual fixed overhead = 559300

Budgeted fixed overhead   = 567600

solution

we get here Fixed overhead spending variance  that is express as

Fixed overhead spending variance  = Actual fixed overhead - Budgeted fixed overhead     .................1

Fixed overhead spending variance  = 559300 - 567600

Fixed overhead spending variance  = 8300 Favourable

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Solution:

Instructions Journalize the April transactions:

Date                           Account Titles and Explanation

4/30                              Work in Process—Cooking

                                     Work in Process—Canning

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4/30                              Work in Process—Cooking

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4/30                             Work in Process—Cooking

                                   Work in Process—Canning

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4/30                             Work in Process—Canning

                                    Work in Process—Cooking

Cooking and out the debits

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9,400

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33,800

28,100                            61,900

55,900                          

                                      55,900

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