Super Jolt Company produces coffee makers. The fixed overhead rate is $5 per direct labor...

90.2K

Verified Solution

Question

Accounting

Super Jolt Company produces coffee makers. The fixed overhead rate is $5 per direct labor hour, and the company budgeted for 4,608 direct labor hours for the year. During the year, Super Jolt produced 2,400 coffee makers using 4,700 direct labor hours. Actual fixed overhead for the year was $21,000. What was the company's fixed overhead spending variance?

A. $2,500 favorable

B. $2,500 unfavorable

C. $2,040 unfavorable

D. $2,040 favorable

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students