ACCT 434

1.(TCO 5) Jordan Fracus, Inc. evaluates manufacturing overhead in its factory by using variance analysis. The following information applies to the month of June. Actual Budgeted Number of frames manufactured 19,000 20,000 Variable overhead costs $4,100 $2 per direct labor hr. Fixed overhead costs $22,000 $20,000 Direct labor hours 2,100 hrs. 0.1 hr. per frame What is the fixed overhead spending variance? (Points : 11) $1,000 favorable $1,000 unfavorable $2,000 favorable $2,000 unfavo...