Refer to the information for Sweetly Sent in PB9-1. Sweetly Sent has the following actual results for
Question:
Refer to the information for Sweetly Sent in PB9-1.
Sweetly Sent has the following actual results for the month of February:
Number of units produced and sold ....... 38,500
Number of ounces of wax purchased and used ... 583,000
Cost of wax used .............. $ 37,895
Number of labor hours worked ......... 9,900
Direct labor cost ..............$136,620
Variable overhead cost ............ $ 3,630
Fixed overhead cost ............. $ 9,900
Required:
Compute the following for Sweetly Sent:
1. Fixed overhead spending variance.
2. Fixed overhead volume variance.
3. Total over or under-applied fixed manufacturingoverhead.
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Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
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