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TB MC Qu. 10A-22 Hoag Corporation applies manufacturing overhead to... Hoag Corporation applies manufacturing overhead to products on the basis of standard machine hours Budgeted

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TB MC Qu. 10A-22 Hoag Corporation applies manufacturing overhead to... Hoag Corporation applies manufacturing overhead to products on the basis of standard machine hours Budgeted for the most recent month appear below and actual foxed manufacturing overhead costs original Budget Actual Costs Fixed overhead costs: Supervision Utilities Factory depreciation $9,888 4,160 21,320 35, 360 $9,97 4,440 21,190 35,6ee Total fixed manufacturing overhead cost The company based its original budget on 2.600 machine hours. The company actually worked 2280 machine-hours during the allowed for the actual output of the month totaled 2.080 machine hours. What was the overall fixed manufacturing overhead volume company based its or llowed for the actual output of the month totaled 2.080 machine-hours. What was the overa machine-hours. The company actually worked 2.280 machine-hours during the month. The standard hours all fixed manufacturing overhead volume variance for the monthi? Multiple Choice $4,352 Favorable $4.352 Unfavorable 57072 Untavorable $7072 Favorable TB MC Qu. 10A-27 The Rowe Corporation uses a standard cos. The Rowe Corporation uses a standard cost system in which it January, the company budgeted to incur $225,000 overhead cost standard, each unit of finished product requires 3 machine hours. The following cost s applies manufacturing overhead to unilts of product on the basis of standard machine-hours. During in manufacturing overhead cost and to operate at a denominator activity level of 25.,000 machine-hours. A and activity were recorded during Total actual manufacturing overhead cost incurred Units of product completed Actual machine-hours worked 217,758 8, eee 23,ee0 The amount of overhead cost at the company applied to Work in Process for January was The amount of overhead cost that the company applied to Work in Process for January was: Multiple Choice $217750 $225,000 $221,600 $216,000

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