Business, 15.11.2019 02:31, xonyemaa12
Jones company allocates manufacturing overhead based on machine hours. each chair produced should require 3 machine hours. according to the static budget, the following is expected to incur: 1,200 machine hours per month (400 chairs x 3 hours per chair) $6,000 in variable manufacturing overhead costs $8,400 in fixed manufacturing overhead costs during january, jones company actually used 1,100 machine hours to make 410 chairs. the company spent $5,800 in variable manufacturing overhead costs and $8,100 in fixed manufacturing overhead costs. what is the fixed overhead cost variance?
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