Essay
Pearl Co.produces pearl necklaces and uses a standard cost system.Fixed overhead is applied to production at a rate of $34 per unit,based on budgeted production of 3,000 per month.During December,Pearl produced 3,100 pearl necklaces.Fixed overhead incurred totaled $114,940.Calculate the:
a.fixed overhead spending variance.
b.fixed overhead volume variance.
c.over- or underapplied fixed overhead.
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a.$12,940 unfavorable = $114,940 - (3,00...View Answer
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