Meridian Fashions uses standard costs for their manufacturing division. The allocation base for overhead costs is direct labor hours. From the following data, calculate the fixed overhead cost variance. Actual fixed overhead Budgeted fixed overhead Standard overhead allocation rate Standard direct labor hours per unit Actual output $34,000 $24,000 $7 3 DLHO 2,000 units O A. $18,000 F OB. $10,000 U C. $18,000 U OD. $10,000 F Kuzma Foods, Inc. has budgeted sales for June and July at $680,000 and $750,000, respectively. Sales are 90% credit, of which 70% is collected in the month of sale and 30% is collected in the following month. What is the budgeted Accounts Receivable balance on July 31? A. $202,500 O B. $225,000 O C. $183,600 D. $675,000 Apogee Fashions uses standard costs for their manufacturing division. The allocation base for overhead costs is direct labor hours. From the following data, calculate the fixed overhead allocated to production based on direct labor hours (DLHr). Actual fixed overhead Budgeted fixed overhead Standard overhead allocation rate Standard direct labor hours per unit Actual output $30,000 $25,000 $9 4 DLHO 2,500 units A. $25,000 B. $30,000 C. $90,000 OD. $22,500