Jordan Fracus, Inc. evaluates manufacturing overhead in its factory by using variance analysis. The following information applies to the month of June. What is the fixed overhead spending variance? $1,000 favorable $1,000 unfavorable $2,000 favorable $2,000 unfavorable Solution $ 2000 Unfavorable. .

1. Jordan Fracus, Inc. evaluates manufacturing overhead in its factory by using variance analysis.
The following information applies to the month of June.
What is the fixed overhead spending variance?
$1,000 favorable
$1,000 unfavorable
$2,000 favorable
$2,000 unfavorable
Jordan Fracus, Inc. evaluates manufacturing overhead in its factory by using variance analysis.
The following information applies to the month of June.
Actual Budgeted
Number of frames manufactured 19,000 20,000
Variable overhead costs $4,100 $2 per direct labor hr.
Fixed overhead costs $22,000 $20,000
Direct labor hours 2,100 hrs. 0.1 hr. per frame
What is the fixed overhead spending variance?
Solution
$ 2000 Unfavorable.