David Sykes publishes a pilot training course curriculum kit that he sells to flight schools across the country. He prepared the following static budget for the year based on expected sales of 28,800 curriculum kits.

Sales revenue		$3,600,000
Variable cost of goods sold		1,440,000
Variable selling and administrative expenses		432,000
Contribution margin		1,728,000
Fixed manufacturing overhead		806,400
Fixed selling and administrative expenses		355,200
Operating income		$566,400

At the end of the year, David had sold 29,760 curriculum kits at an average price of $123 per kit. During the year, he incurred fixed overhead totaling $800,640. Calculate the fixed overhead spending variance. (If variance is zero, select "Not Applicable" and enter 0 for the amounts.)

Fixed overhead spending variance

David Sykes publishes a pilot training course curriculum kit that he sells to flight schools across the country. He prepared the following static budget for the year based on expected sales of 28,800 curriculum kits. Sales revenue $3,600,000 Variable cost of goods sold 1,440,000 Variable selling and administrative expenses 432,000 Contribution margin 1,728,000 Fixed manufacturing overhead 806,400 Fixed selling and administrative expenses 355,200 Operating income $566,400 At the end of the year, David had sold 29,760 curriculum kits at an average price of $123 per kit. During the year, he incurred fixed overhead totaling $800,640. Calculate the fixed overhead spending variance. (If variance is zero, select "Not Applicable" and enter for the amounts.) $ Fixed overhead spending variance