Answer the following questions using the information below:
$\begin{array}{lrcc}
&&\text { Production- }\
\text { Variances }&\text { Spending }&\text { Efficiency }&\text { Volume }\
\text { Variable manufacturing overhead } & \$ 4500 \mathrm{~F} & \$ 15000 \mathrm{U} & \text { (B) } \
\text { Fixed manufacturing overhead } & \$ 10000 \mathrm{U} & (\mathrm{A}) & \$ 40000 \mathrm{U}
\end{array}$

-In a 1-variance analysis the total overhead variance should be:
A)$20 500 U.
B)$60 500 U.
C)$121 000 U.
D)None of these answers are correct.

Question

Answer the following questions using the information below:
 $\begin{array}{lrcc}
&&\text { Production- }\
\text { Variances }&\text { Spending }&\text { Efficiency }&\text { Volume }\
\text { Variable manufacturing overhead } & \$ 4500 \mathrm{~F} & \$ 15000 \mathrm{U} & \text { (B) } \
\text { Fixed manufacturing overhead } & \$ 10000 \mathrm{U} & (\mathrm{A}) & \$ 40000 \mathrm{U}
\end{array}$

-In a 1-variance analysis the total overhead variance should be:
A)$20 500 U.
B)$60 500 U.
C)$121 000 U.
D)None of these answers are correct.

Quizplus · Accepted Answer

The total overhead variance is calculated by summing all the variances: $4500 F + $15000 U + $10000 U + $40000 U = $60500 U.

Answer the Following Questions Using the Information Below -In a 1-Variance Analysis the Total Overhead Variance Should Be