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Ranger Sportswear planned to produce 46,900 fleece jackets in its Metairie, Louisiana factory. Fixed Overhead costs for the factory were oudgeted to be $521,000. The company actually spent $507,900 on fixed overhead and produced 44,600 ackets.

Ranger Sportswear planned to produce 46,900 fleece jackets in its Metairie, Louisiana factory. Fixed Overhead costs for the factory were oudgeted to be $521,000. The company actually spent $507,900 on fixed overhead and produced 44,600 ackets.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Ranger Sportswear planned to produce 46,900 fleece jackets in its Metairie, Louisiana factory. Fixed overhead costs for the factory were budgeted to be $521,000. The company actually spent $507,900 on fixed overhead and produced 44,600 jackets. Calculate the fixed overhead spending variance. (If variance is zero, select "Not Applicable" and enter 0 for the amounts.) 0
Transcribed Image Text:Ranger Sportswear planned to produce 46,900 fleece jackets in its Metairie, Louisiana factory. Fixed overhead costs for the factory were budgeted to be $521,000. The company actually spent $507,900 on fixed overhead and produced 44,600 jackets. Calculate the fixed overhead spending variance. (If variance is zero, select "Not Applicable" and enter 0 for the amounts.) 0
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