Question
Willow Corporation manufactured 41,000 units during March. The following fixed overhead data relates to March: Actual Static Budget Production41,000 units39,000 units Machine-hours6,020 hours5,850 hours Fixed
Willow Corporation manufactured 41,000 units during March. The following fixed overhead data relates to March:
ActualStatic Budget
Production41,000 units39,000 units
Machine-hours6,020 hours5,850 hours
Fixed overhead costs for March$125,500$117,000
What is the amount of fixed overhead allocated to production?
What is the fixed overhead spending variance?
What is the fixed overhead efficiency variance?
What is the fixed overhead production-volume variance
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
