The Following Information Is Available from the Fitzgerald Company Assuming That Fitzgerald Uses a Three-Way Analysis of Overhead Variances,what

Multiple Choice

The following information is available from the Fitzgerald Company: $\begin{array}{ll}\text { Actual OH } & \$ 15,000 \\\text { Fixed OH expenses, actual } & \$ 7,200 \\\text { Fixed OH expenses, budgeted } & \$ 7,000 \\\text { Actual hours } & 3,500 \\\text { Standard hours } & 3,800 \\\text { Variable OH rate per DLH } & \$ 2.50\end{array}$ Assuming that Fitzgerald uses a three-way analysis of overhead variances,what is the overhead spending variance?

A) $750 F
B) $750 U
C) $950 F
D) $1,500 U