The following overhead data are for a department in Sun Company for month of May.   Actual Results Static budget Activity level (in units) 1,000 1,200 Variable costs:     Indirect materials $8,850 $10,000 Power-variable portion $930 $1,200 Fixed costs:     Power-fixed portion $2,100 $2,800 Rent $5,220 $5,000 Supervisors salaries $12,800 $12,000 Company wants to assess how well costs were controlled in this department in May. Compute overall flexible budget cost variance for month of May.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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The following overhead data are for a department in Sun Company for month of May.

 

Actual Results

Static budget

Activity level (in units)

1,000

1,200

Variable costs:

 

 

Indirect materials

$8,850

$10,000

Power-variable portion

$930

$1,200

Fixed costs:

 

 

Power-fixed portion

$2,100

$2,800

Rent

$5,220

$5,000

Supervisors salaries

$12,800

$12,000

Company wants to assess how well costs were controlled in this department in May. Compute overall flexible budget cost variance for month of May.

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