Spending variance of 149760 u it is unfavorable

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8-24 Fixed manufacturing overhead variance analysis (continuation of 8-23).TheSourdough Bread Company also allocates fixed manufacturing overhead to products on the basisof standard direct manufacturing labor-hours. For 2017, fixed manufacturing overhead wasbudgeted at $3.00 per direct manufacturing labor-hour. Actual fixed manufacturing overheadincurred during the year was $294,000.Required:1.Prepare a variance analysis of fixed manufacturing overhead cost. Use Exhibit 8-4 (page 304)as a guide.2.Is fixed overhead underallocated or overallocated? By what amount?3.Comment on your results. Discuss the variances and explain what may be driving them.
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Term
Fall
Professor
Guymon
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