Answer both 24 and 25

24. The following information for the past year is available from Thicknews Co...& Company that uses from machine hours to apply factory overhead. The following information applies to questions 24& 25 are worth 4 points each. to apply factory Actual variable overhead cost Actual fixed overhead cost Budgeted fixed overhead cost Actual machine hours Standard machine hours for the units manufactured Standard fixed overhead rate per machine hour Standard variable overhead rate per machine hour 14,000 10,000 11,000 5,000 4,800 The variable overhead spending variance is: 25. The above information (see questions #24) for the past year is available from Thinnews Co& company that uses machine hours to apply factory overhead. The fixed overhead production volume variance is: OK