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Actual machine hours 1,890 Standard machine hours allowed 2,120 Denominator actvity (machine hours) 2,360 Actual fixed overhead costs $17,960 Budgeted fixed overhead costs $18,880 Predetermined
Actual machine hours | 1,890 |
Standard machine hours allowed | 2,120 |
Denominator actvity (machine hours) | 2,360 |
Actual fixed overhead costs | $17,960 |
Budgeted fixed overhead costs | $18,880 |
Predetermined overhead rate ($2 variable+ $8 fixed) | $10 |
What is the fixed overhead spending (price) variance?
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