Question
27 A. Actual fixed overhead costs were $385,000; the budgeted fixed overhead costs were $370,000; and the applied fixed overhead was $360,000. The fixed overhead
27 A. Actual fixed overhead costs were $385,000; the budgeted fixed overhead costs were $370,000; and the applied fixed overhead was $360,000. The fixed overhead price variance is _____.
A. $5,000 unfavorable
B. $10,000 unfavorable
C. $15,000 unfavorable
D. $25,0000 unfavorable = 385,000 360,000
E. none of the above
B. Actual fixed overhead costs were $385,000; the budgeted fixed overhead costs were $370,000; and the applied fixed overhead was $360,000. The fixed overhead production volume variance is _____.
A. $5,000 unfavorable
B. $10,000 unfavorable
C. $15,000 unfavorable
D. $25,0000 unfavorable
E. none of the above 10,000 F= 360,000 370,000 * I believe that it should be 10,000 FAVORABLE
C. Actual fixed overhead costs were $385,000; the budgeted fixed overhead costs were $370,000, and the applied fixed overhead was $360,000. The total fixed overhead variance is _____.
A. $5,000 unfavorable
B. $10,000 unfavorable
C. $15,000 unfavorable = 385,000 370,000
D. $25,0000 unfavorable
E. none of the above
I posted my answers and their justification but I think I am wrong.
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