4.7

$19.72 You have been given the following information about the production of Bonita Co and are asked to provide the factory manager with information for a meeting with the vice-president of operations: Standard Cost Card Direct material (S.80 kg at $3.40 per kilogram) Direct labour to 10.30 hours at $4.301 Variable overhead (0.30 hours at $340 per hour 2.72 Fixed overhead 10.80 hours at $7.00 per hour $31.48 3.44 5.60 The following is a production report for the most recent e most recent period of operations: Total Standard Cost Variances Spending/ Quantity Budget Efficiency $9.656 U Costs Price/Rate Volume $435,812 $6,551 F Direct materials Direct labour Variable overhead 76,024 4,760 5,848 U 60,112 $1.290 F 2 Fixed overhead 123,760 460 F $13.580 U What is the total fixed overhead cost in the company's master budget? Budgeted fixed cost $ What were the master budget hours for fixed overhead? Master budget hours hours