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Question 18 Bella's is a local dress shop that makes casual dresses in fun prints. Below is some actual vs. budget information for Bella's dresses
Question 18 Bella's is a local dress shop that makes casual dresses in fun prints. Below is some actual vs. budget information for Bella's dresses for the month of May Assume no beginning ending inventories for simplicity. The cost-allocation base for both variable and fixed overhead is direct labor hours Data for the Month of May Static Actual Budget # Dresses made and sold 2,600 2.000 Selling price per dress $39 $40 Yards of fabric per dress 29 3.0 Cost per yard of fabric $3.84 $3.66 Time in hours to sew one dress 1.0 0.9 Cost of direct labor (per hour) $14 $15 Variable overhead costs $3.500 $4230 (utilities, sewing machine maintenance, etc 30 Selling price per dress 2.9 30 Yards of fabric per dress $3.84 $3.66 Cost per yard of fabric 10 0.9 Time in hours to sew one dress $14 $15 Cost of direct labor (per hour) $3.500 $4230 Variable overhead costs futilities, sewing machine maintenance, etc) Fixed overhead costs $4,600 $4,800 store rent, insurance, etc.) What is the fixed overhead spending variance? $300F $200 F 54000 $1000
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