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Nyametie Company uses a standard cost system for its production process. Nyametie Company applies overhead based on direct labour hours. The following information is available
Nyametie Company uses a standard cost system for its production process. Nyametie Company applies overhead based on direct labour hours. The following information is available for July: Standard: Direct labour hours per unit-2.20, Variable overhead per hour-GHC2.50, the Fixed overhead per hour (based on 11,990 DLHS)- GHC3.00. Actual: Units produced 4,400, Direct labour hours- 8,800, Variable overhead GHC29,950, Fixed overhead-GHC42,300. What is the fixed overhead spending variance? OA GHC15,900 B. GHC6,330
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