Please help me with show all calculation thanku Ranger Sportswear planned toproduce 46,900 fleece jackets in itsMetairie, Louisiana factory. Fixedoverhead costs for the factory werebudgeted to be $521,000. Thecompany actually spent $507,900 onfixed overhead and produced 44,600jackets.Calculate the fixed overhead spendingvariance. (If variance is zero, select"Not Applicable" and enter 0 for theamounts.)0

The variance is the difference between the standard and actual cost data. The spending variance for…

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

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

Question

Please help me with show all calculation thanku

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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