tatum corporation has a standard cost system in which it applies manufacturing overhead to products

Tatum Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine hours (MHs). The company has provided the following data for the most recent month: Budgeted level of activity . Actual level of activity Standard variable manufacturing overhead rate Budgeted fixed manufacturing overhead cost Actual total variable manufacturing overhead Actual total fixed manufacturing overhead 9,400 MHs 9,500 MHs $ 6.60 per MH $59,000 $60,600 $63,900 What was the fixed manufacturing overhead budget variance for the month