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Dew Company employs standard costing and applies overhead based upon machine labor hours. Monthly production is scheduled at 500 units. Standard and actual data for

Dew Company employs standard costing and applies overhead based upon machine labor hours. Monthly production is scheduled at 500 units. Standard and actual data for the month is as follows:

Standards
Variable overhead

4 hours @ $10 per hour

Fixed overhead

4 hours @ $12 per hour

Actual
Units produced

550 units

Machine hours

2,375 hours

The standard hours allowed for the month are?

A.

4,400

B.

none of these

C.

2,375

D.

2,000

E.

2,200

The budgeted hours for the month are?

A.

2,375

B.

4,400

C.

2,200

D.

none of these

E.

2,000

edit: I added question marks to the questions. They are right over the multiple choice options. Thanks!

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