Question 9 1.5 points Save Answer A furniture manufacturer uses a standard costing system in which standard machine-hours (MHS) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: Denominator level of activity 1,400 MHs Overhead costs at the denominator activity level: Variable overhead cost $ 12,040 $ 17,360 Fixed overhead cost The following data pertain to operations for the most recent period: Actual hours 1,300 MHs Standard hours allowed for the actual output 1,440 MHS Actual total variable manufacturing overhead cost $ 11,440 Actual total fixed manufacturing overhead cost $ 18,560 The fixed manufacturing overhead volume variance for the period is closest to: O $1,240 U 2 736 F O $516 F O $496 F