Fletcher Company Collected Following Data Regarding Production One Products Compute Variab Q17772686

Fletcher Company collected the following data regardingproduction of one of its products. Compute the variable overheadspending variance. Direct labor standard (2 hrs. @ $12.75/hr.)$25.50 per finished unit Actual direct labor hours 81,500 hrs.Budgeted units 42,000 units Actual finished units produced 40,000units Standard variable OH rate (2 hrs. @ $14.30/hr.) $28.60 perfinished unit Standard fixed OH rate ($336,000/42,000 units) $8.00per unit Actual cost of variable overhead costs incurred $1,140,000Actual cost of fixed overhead costs incurred $338,000
 
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