Fixed Overhead Spending and Volume Variances, Columnar and Formula Approaches

Marvelettes Company provided the following information:

Standard fixed overhead rate (SFOR) per direct labor hour	$8
Actual fixed overhead rate (AFOR) per direct labor hour	$8.03
Actual direct labor hours worked (AH)	57,000
Actual production in units	13,000
Standard hours allowed for actual units produced (SH)	54,000

Required:

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

Spending	$	Favorable
Efficiency	$

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

$

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

$

4. Calculate the total fixed overhead variance.

$