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Actual fixed overhead was $95,000. Fixed Overhead Spending Variance was $2,000 Favorable. Fixed Overhead Volume Variance was $1,000 Unfavorable. Budgeted fixed overhead must have been

  1. Actual fixed overhead was $95,000.

    Fixed Overhead Spending Variance was $2,000 Favorable.

    Fixed Overhead Volume Variance was $1,000 Unfavorable.

    Budgeted fixed overhead must have been

    $94,000

    $96,000

    $97,000

    $98,000

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