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A manufacturing company has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget
A manufacturing company 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 | 6,800 | DLHs | |
Overhead costs at the denominator activity level: | |||
Variable overhead cost | $ | 31,710 | |
Fixed overhead cost | $ | 96,810 | |
The following data pertain to operations for the most recent period:
Actual hours | 7,000 | DLHs | |
Standard hours allowed for the actual output | 6,984 | DLHs | |
Actual total variable manufacturing overhead cost | $ | 30,890 | |
Actual total fixed manufacturing overhead cost | $ | 97,430 | |
The overhead applied to products during the period was closest to: (Round your intermediate calculations to 2 decimal places.)
Multiple Choice
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$129,500.00
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$128,520.00
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$132,300.00
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$131,997.60
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