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A manufacturer of playground equipment has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's
A manufacturer of playground equipment has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below:
Denominator level of activity | $ | 5,800 | DLHs | |
Fixed overhead cost | $ | 58,870 | ||
The following data pertain to operations for the most recent period: |
Actual hours | 6,100 | DLHs | ||
Standard hours allowed for the actual output | 6,018 | DLHs | ||
Actual total fixed manufacturing overhead cost | $ | 58,320 | ||
The fixed manufacturing overhead applied to products during the period is closest to: |
Group of answer choices
$58,870
$58,320
$61,915
$61,083
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