R&N Sports Has Budgeted $57,000 for Fixed Overhead for the Period.This

question 66

Short Answer

R&N Sports has budgeted $57,000 for fixed overhead for the period.This budget was based on the following items: depreciation of $24,000, rent of $4,000, production supervisor salaries of $27,000, and other fixed costs of $2,000.Actual overhead incurred is $52,000.Production was budgeted at 8,000 units while actual production is 8,100.
Required:
Calculate the fixed overhead spending variance.

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Definitions:

Unconditioned Response

An automatic, natural reaction to a stimulus that occurs without any prior learning or conditioning.

Metronome

A device used to mark time at a selected rate by giving a regular tick sound at adjustable intervals.

Radical Behaviorists

Psychologists who believe that all behavior can be explained in terms of environmental interactions, emphasizing the study of observable and measurable behavior.

Methodological Behaviorists

Researchers or psychologists who focus exclusively on observable behaviors and the ways these behaviors can be influenced or modified by environmental stimuli, without considering internal mental states.