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Compute the overhead spending variance

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Question - Use the following information of Alfred Industries.

Standard manufacturing overhead based on normal monthly volume: Fixed ($303,800 ÷ 20,000 units)$15.19    Variable ($100,000 ÷ 20,000 units) 5.00 $20.19 Units actually produced in current month    18,000unitsActual overhead costs incurred (including $300,000 fixed) $383,800 

Compute the overhead spending variance and the volume variance. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance).)

Reference no: EM131692352

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