Question: please help! Cholla Company's standard fixed overhead rate is based on budgeted fored manufacturing overhead of $12,200 and budgeted production of 41,000 units. Actual results
please help!
Cholla Company's standard fixed overhead rate is based on budgeted fored manufacturing overhead of $12,200 and budgeted production of 41,000 units. Actual results for the month of October reveal that Cholla produced 40,000 units and spent $12,000 on fixed manufacturing overhead costs. Required: Calculate Cholla's fixed overhead spending variance. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance)
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