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Lossing Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overhead costs for the most recent month appear below:
Lossing Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overhead costs for the most recent month appear below: 24 Original Budget Actual Costs 3 01.24.21 $ 7,400 10,680 $ 7,590 10,030 Variable overhead costs: Supplies Indirect labor Fixed overhead costs: Supervision Utilities Factory depreciation Total overhead cost cBook 15,210 14,500 59,090 $ 106,880 14,450 14,550 59,800 $ 106,420 The company based its original budget on 7,400 machine-hours. The company actually worked 7,360 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 7,290 machine-hours. What was the overall fixed manufacturing overhead volume variance for the month? (Round your intermediate calculations to 2 decimal places.) Multiple Choice $1,224 Unfavorable O $1,224 Favorable $1,320 Favorable $1,320 Unfavorable
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