Question
Casper Concrete manufactures custom concrete countertops for restaurants and individual homeowners. Caspers actual fixed overhead for the year was $86600. During the year, Casper produced
Casper Concrete manufactures custom concrete countertops for restaurants and individual homeowners. Caspers actual fixed overhead for the year was $86600. During the year, Casper produced 8500 square feet of countertop and used 4420 direct labor hours. Casper had budgeted to produce 9000 square feet of countertop and had budgeted to use 4500 direct labor hours. Caspers fixed overhead spending variance was $1200 unfavorable for the year. What was Caspers budgeted fixed overhead for the year (if necessary, round your answer to the nearest dollar)?
$87800
$85400
$88167
$86967
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started