Question: please help. not sure if I did this right The following data relates to Zenith Fashions in questions 48-50: Zenith Fashions uses standard costs for
please help. not sure if I did this right The following data relates to Zenith Fashions in questions 48-50: Zenith Fashions uses standard costs for their manufacturing division, and has the following data related to its fixed manufacturing overhead: Actual fixed overhead Budgeted fixed overhead Standard overhead allocation rate Standard direct labor hours per unit Actual output 48) What is Zenith's fixed overhead spending variance? $30,000 $25,000 $7/ DLH 2 DLH 2,000 units a) $3,000 F b) $3,000 U c) $5,000 F $5,000 U 49) What is the amount of fixed overhead allocated to production based on direct labor hours? a) $25,000 $28,000 $30,000 d) $14,000 50) What Is Zenith's fixed overhead volume variance? a) $14,000 F b) $3,000 U (c) $3,000 F a 14,000 U
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