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Information on Carney Company's fixed overhead costs follows: Overhead applied $ 360,000 Actual overhead 385,500 Budgeted overhead 369,000 Required: What are the fixed overhead price
Information on Carney Company's fixed overhead costs follows: |
Overhead applied | $ | 360,000 | |
Actual overhead | 385,500 | ||
Budgeted overhead | 369,000 | ||
Required: |
What are the fixed overhead price and production volume variances? (Input all amounts as positive values. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "$" sign in your response.) |
Fixed overhead price variance | $ | (Click to select)UNoneF |
Fixed overhead production volume variance | $ | (Click to select)FNoneU |
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