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The following information for the past year is available from Thinnews Co., a company that uses machine hours to apply standard factory overhead cost to
The following information for the past year is available from Thinnews Co., a company that uses machine hours to apply standard factory overhead cost to outputs: Actual total factory overhead cost incurred Actual fixed overhead cost incurred Budgeted fixed overhead cost Actual machine hours Standard machine hours allowed for the units manufactured Denominator volume-machine hours Standard variable overhead rate per machine hour $29,000 $10,000 $13,000 6,000 4,000 6,500 $ 3 The total actual variable factory overhead cost incurred during the year, rounded to the nearest dollar, was: Multiple Choice o $18,000. o $19,000. o $19.100. o $19,400. o $20,000
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