Radon Corporation manufactured 33,000 grooming kits for horses during March. The company uses machine hour to allocate fixed manufacturing overhead. The following fixed overhead data pertain to March:
Actual Static Budget
Production 33,000 units 30,000 units
Machine-hours 6,600 hours 6,000 hours
Fixed Overhead Costs for March $153,000 $144,000
1. What is the fixed overhead production-volume variance? (HINT: The answer is $14,400 favorable, but I need work to support this)
2. What is the fixed overhead spending variance? (HINT: The answer is $9,000 unfavorable, but I need work to support this)
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Radon Corporation manufactured 33,000 grooming kits for horses during March. The company uses machine hour to allocate fixed manufacturing ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
A savings account that pays interest every 3 months is said to have a ___ interest period
Answers (2)
Top managers at Phoenix Inc. are all computer engineers and are highly regarded by other companies. They are frequently approached by executive search firms with information about openings at other companies. The managers are examples of a.
Answers (1)
During August, Department Z started and completed 90,000 units and also finished 18,000 units that were 75% completed on July 31. On August 31, Department Z's ending inventory consisted of 26,000 units that were 45% completed.
Answers (1)
An investor has an opportunity to purchase an investment that will provide $11,000 at the end of three years, and $50,000 at the end of five years.
Answers (1)
Hannah is concerned about the increase in the cases of obesity in her state. She has convinced her company to create advertisements to generate awareness about obesity. Which kind of advertising will the company use to achieve this?
Answers (2)
New Questions in Business
Currently, the House Types field is in the Row Labels area, the Real Estate Agent field is in the Column Labels area, and Sum of List Prices is in the Values area.
Answers (1)
Nash's Trading Post, LLC has assets of $4200000, common stock of $1000000, and retained earnings of $600000. What are the creditors' claims on their assets?
Answers (1)
artin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest will provide $ 1 comma 000 in the first year, and will grow by 7 % per year, forever.
Answers (1)
Vertis Corporation is interested in cutting the amount of time between when a customer places an order and when the order is completed. Details for the first quarter of the year are provided here. Choose the correct answer from the options provided.
Answers (1)
A company purchased factory equipment on April 1, 2013 for $80,000. It is estimated that the equipment will have an $10,000 salvage value at the end of its 10-year useful life.
Answers (2)