Use the following information for the next 4 questions.
Hogle Mfg. Co. uses a standard costing system. The standard time to produce one unit is 4 hours, and normal production is 3,000 units monthly. Overhead costs were estimated to be $135,000. The standard variable overhead rate is $5 per machine hour. During April the following results were recorded:
-The combined fixed and variable overhead spending variance was
A) $1,000 U
B) $2,000 F
C) $7,000 U
D) $3,000 F

Question

Use the following information for the next 4 questions.
Hogle Mfg. Co. uses a standard costing system. The standard time to produce one unit is 4 hours, and normal production is 3,000 units monthly. Overhead costs were estimated to be $135,000. The standard variable overhead rate is $5 per machine hour. During April the following results were recorded: 
-The combined fixed and variable overhead spending variance was
A) $1,000 U 
B) $2,000 F 
C) $7,000 U 
D) $3,000 F

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The Answer of Use the following information for the next 4 questions.
Hogle Mfg. Co. uses a standard costing system. The standard time to produce one unit is 4 hours, and normal production is 3,000 units monthly. Overhead costs were estimated to be $135,000. The standard variable overhead rate is $5 per machine hour. During April the following results were recorded: 
-The combined fixed and variable overhead spending variance was
A) $1,000 U 
B) $2,000 F 
C) $7,000 U 
D) $3,000 F

Use the Following Information for the Next 4 Questions