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Teall 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
Teall 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 9,700 MHS 9,800 MHS $ 6.90 per MH $62,000 $63,600 $67,200 What was the fixed manufacturing overhead budget variance for the month? Multiple Choice $5,200 Unfavorable O $5,200 Favorable O O O $690 Favorable O $690 Unfavorable
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