Question
Rodarta Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The company's predetermined overhead rate for fixed manufacturing overhead is $4.50 per
Rodarta Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The company's predetermined overhead rate for fixed manufacturing overhead is $4.50 per machine-hour and the denominator level of activity is 4,700 machine-hours. In the most recent month, the total actual fixed manufacturing overhead was $21,290 and the company actually worked 4,630 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 4,650 machine-hours. What was the overall fixed manufacturing overhead volume variance for the month?
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