The technology budget for Carlyle for the first quarter of 2017 was as follows: Client interactions 12,000 Fixed Overhead $14,400 Variable Overhead 4,800 CPU units @ $2 per CPU unit The actual results for the first quarter of 2017 are given below: Client interactions 13,600 $14,100 $11,200 5,500 Fixed Overhead Variable Overhead CPU Units used
Carlyle Capital Company offers financial services to its clients. Recently, Carlyle has experienced rapid growth and has increased both its client base and the variety of services it offers. The company is becoming concerned about its rising costs, however, particularly related to technology
Q.Calculate the variable overhead spending and efficiency variances, and indicate whether each is favorable (F) or unfavorable (U).
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