Multiple Choice
Adobe Company produces electric lawn mowers suitable for home and industrial use.During the year Adobe produced 54,000 mowers, using 163,000 direct labor hours.Adobe's fixed overhead rate is $12 per direct labor hour and the company budgeted 166,500 direct labor hours.Actual fixed overhead for the year was $1,996,000.What is Adobe's fixed overhead spending variance?
A) $2,000 unfavorable
B) $2,000 favorable
C) $40,000 favorable
D) $42,000 favorable
Correct Answer:
Verified
Correct Answer:
Verified
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