20. Rostad Corporation applies manufacturing overhead to products on the basis of standard machine- hours. Budgeted...
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20. Rostad Corporation applies manufacturing overhead to products on the basis of standard machine- hours. Budgeted and actual overhead costs for the most recent month appear below: Original Budget Actual Costs Variable overhead costs: Supplies.. Indirect Iabor.. Fixed overhead costs: $ 7,100 $ 7,290 10,650 10,000 Supervision Utilities. 14,910 14,200 61,770 $108.630 14,420 14,250 61,410 Factory depreciation. Total overhead cost $L07.370 The company based its original budget on 7,100 machine-hours. The company actually worked 7,060 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 6,990 machine-hours. What was the overall fixed manufacturing overhead volume variance for the month? A. $512 favorable B. $512 unfavorable C. $1,408 favorable D. $1,408 unfavorable 20. Rostad Corporation applies manufacturing overhead to products on the basis of standard machine- hours. Budgeted and actual overhead costs for the most recent month appear below: Original Budget Actual Costs Variable overhead costs: Supplies.. Indirect Iabor.. Fixed overhead costs: $ 7,100 $ 7,290 10,650 10,000 Supervision Utilities. 14,910 14,200 61,770 $108.630 14,420 14,250 61,410 Factory depreciation. Total overhead cost $L07.370 The company based its original budget on 7,100 machine-hours. The company actually worked 7,060 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 6,990 machine-hours. What was the overall fixed manufacturing overhead volume variance for the month? A. $512 favorable B. $512 unfavorable C. $1,408 favorable D. $1,408 unfavorable
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