bbprod.hvcc.edu Question Completion Status: $7,200 F. $8,800 U. $8,800 F. QUESTION 8 The Littlefield Company applies manufacturing overhead costs to products on the basis of direct labor hours. The standard cost card shows that 12 direct labor-hours are required per unit of product. For August, the company budgeted to work 360,000 direct labor-hours and to incur the following total manufacturing overhead costs: Total fixed overhead costs $475,200 Total variable overhead costs $396,000 During August, the company completed 28,000 units of product, worked 344,000 direct labor-hours, and incurred the following total manufacturing overhead costs: Total fixed overhead costs $461,200 Total variable overhead $395,600 costs The denominator activity in the predetermined overhead rate is 360,000 direct labor hours. (Note that this is the same data that was provided for the previous question.) The fixed overhead budget variance for August is: $14,000 F. $14,000 U. $12,800 F. $12,800 U. QUESTION 9 The Littlefield Company applies manufacturing overhead costs to products on the basis of direct labor hours. The standard cost card shows that 12 direct labor-hours are required per unit of product. For August, the company budgeted to work 360,000 direct labor hours and to incur the following total manufacturing overhead costs: Click Save and Submit to save and submit. Click Save All Answers to save all answers Save All Answers