1. Fixed Overhead Spending and Volume Variances, Columnar and Formula Approaches

   Branch Company provided the following information:

   Standard fixed overhead rate (SFOR) per direct labor hour		$5.00
   Actual fixed overhead		$305,000
   BFOH		$300,000
   Actual production in units		16,000
   Standard hours allowed for actual units produced (SH)		64,000

   Required

   Enter amounts as positive numbers and select Favorable (F) or Unfavorable(U).

   1. Using the columnar approach, calculate the fixed overhead spending and volume variances.

   (1)

   (2)

   (3)

   	Spending		Volume

   2. Using the formula approach, calculate the fixed overhead spending variance.

   $

   3. Using the formula approach, calculate the fixed overhead volume variance.

   $

   4. Calculate the total fixed overhead variance.

2. Fixed Overhead Spending and Volume Variances, Columnar and Formula Approaches

   Branch Company provided the following information:

   Standard fixed overhead rate (SFOR) per direct labor hour		$5.00
   Actual fixed overhead		$305,000
   BFOH		$300,000
   Actual production in units		16,000
   Standard hours allowed for actual units produced (SH)		64,000

   Required

   Enter amounts as positive numbers and select Favorable (F) or Unfavorable(U).

   1. Using the columnar approach, calculate the fixed overhead spending and volume variances.

   (1)

   (2)

   (3)

   	Spending		Volume

   2. Using the formula approach, calculate the fixed overhead spending variance.Favorable or unfavorable?

   $

   3. Using the formula approach, calculate the fixed overhead volume variance. favorable or unfavorable?

   $

   4. Calculate the total fixed overhead variance. favorable or unfavorable?

   $

3. $