Study Appendix 13. Consider the following data regarding factory overhead:
Variable Fixed
Budget for actual hours of input $45,000 $70,000
Applied 41,000 64,800
Budget for standard hours allowed
for actual output achieved ? ?
Actual incurred 48,500 68,500

Using the above data, fill in the following blanks with the variance amounts. Use F for favorable or U
for unfavorable for each variance.
Total Overhead Variable Fixed
1. Spending variance ?
2. Efficiency variance ?
3. Production-volume variance ?
4. Flexible-budget variance ?
5. Underapplied overhead ?