The following information is available from the Terry Company: Actual total factory overhead cost incurred $ 37,000
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Question:
The following information is available from the Terry Company:
| Actual total factory overhead cost incurred | $ | 37,000 | |
| The actual fixed overhead cost incurred | $ | 11,200 | |
| Budgeted fixed overhead expenses | $ | 21,000 | |
| Actual direct labor hours (DLH) worked | 5,300 | ||
| Standard DLHs for this period’s production (output) | 4,800 | ||
| Standard variable overhead rate per DLH | $ | 3.00 | |
| Standard fixed overhead rate per DLH | $ | 2.50 | |
What is the total overhead spending variance for Terry Company for the period, to the nearest whole dollar?
$100 unfavorable.
$300 unfavorable.
$500 unfavorable.
$700 unfavorable.
$1,300 unfavorable.
Expert Answer:
Answer 100 Unfavorable Particulars Actual A Total overhead incurred 37000 B Fixed overhea... View the full answer
Related Book For 
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
Posted Date:
