Question
Merone Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The company bases its predetermined overhead rate on 4,000 machine-hours. The company's
Merone Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The company bases its predetermined overhead rate on 4,000 machine-hours. The company's total budgeted fixed manufacturing overhead is $15,600. In the most recent month, the total actual fixed manufacturing overhead was $15,180. The company actually worked 3,900 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 4,020 machine-hours. What was the overall fixed manufacturing overhead volume variance for the month? (Round your intermediate calculations to 2 decimal places.)
Multiple Choice
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$390 Unfavorable
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$390 Favorable
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$78 Favorable
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$420 Favorable
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