Business, 19.07.2021 17:00 aweller3898

Standish Company manufactures consumer products and provided the following information for the month of February: Units produced 131,000
Standard direct labor hours per unit 0.20
Standard fixed overhead rate (per direct labor hour) $2.50
Budgeted fixed overhead $65,000
Actual fixed overhead costs $68,300
Actual hours worked 26,350

Required:
a. Calculate the fixed overhead spending variance using the formula approach.
b. Calculate the volume variance using the formula approach.

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Standish Company manufactures consumer products and provided the following information for the month...

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