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Friends Company manufactures ladders and they produced 2,250 ladders this past month. The standard variable manufacturing overhead (MOH) rate used by the company is

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Friends Company manufactures ladders and they produced 2,250 ladders this past month. The standard variable manufacturing overhead (MOH) rate used by the company is $7.25 per machine hour. Each ladder requires 14 machine hours. Actual machine hours used last month were 32,000, and the actual variable MOH rate last month was $7.00. What is the total manufacturing overhead variance? When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000 or 10,000.00 without any dollar sign. Round all answers to 2 decimal places such as 1.25. . Regardless of the variance outcome (favorable or unfavorable), you answer MUST be typed in absolute number. For example, your variance should be typed as 1,000 even if the outcome is -1,000. Responses Favorable / Variance Unfavorable Total Manufacturing Overhead Variance $

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