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Fletcher Company collected the following data regarding production of one of its products. Compute the...

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Accounting

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Fletcher Company collected the following data regarding production of one of its products. Compute the fixed overhead cost variance. $ Direct labor standard (2 hrs. @ $12.70/hr.) Actual direct labor hours Budgeted units Actual finished units produced Standard variable on rate (2 hrs. @ $14.50/hr.) Standard fixed OH rate ($360,800744,000 units) Actual cost of variable overhead costs incurred Actual cost of fixed overhead costs incurred 25.40 per finished unit 84,500 hrs. 43,500 units 41,500 units per finished 29.00 unit $ $ 8.20 per unit $1,195,500 $ 365,000 Multiple Choice 0 $22,500 unfavorable. 0 $22,500 favorable. 0 $24,700 unfavorable. 0 $24,700 favorable. 0 $14,500 unfavorable

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