Match Point, Inc. has the following overhead standards: Variable overhead: 4 hours at $7 per hour Fixed
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Question:
Match Point, Inc. has the following overhead standards: Variable overhead: 4 hours at $7 per hour Fixed overhead: 4 hours at $9 per hour The standards were based on a planned activity of 37,000 machine hours when 6,700 units were scheduled for production. Actual data follow. Variable overhead incurred: $184,750 Fixed overhead incurred: $350,000 Machine hours worked: 36,800 Actual units produced: 6,800 Match Points fixed-overhead budget variance is:
Multiple Choice
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$7,600 unfavorable.
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$8,500 unfavorable.
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$17,000 unfavorable.
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$15,200 unfavorable.
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None of the answers is correct.
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