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Benoist Manufacturing, Inc. attributes manufacturing overhead to products on the basis of standard machine hours. Budgeted and actual overhead costs for the most recent month
Benoist Manufacturing, Inc. attributes 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 | $ 6,100 | $ 6,290 |
Indirect labor | 10,550 | 9,900 |
Fixed overhead costs: | ||
Supervision | 13,910 | 14,320 |
Utilities | 13,200 | 13,250 |
Factory depreciation | 55,970 | 55,510 |
Total overhead cost | $ 99,730 | $ 99,270 |
The company based its original budget on 6,200 machine hours. The company actually worked 6,160 machine hours during the month. The standard hours allowed for the actual output of the month totaled 6,090 machine hours. What was the overall fixed manufacturing overhead volume variance for the month? (Please Round calculations to 2 decimal places.)
Options:
- $1,474 Unfavorable
- $1,474 Favorable
- $1,378 Favorable
- $1,378 Unfavorable
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