Songster Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and...
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Songster Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overhead costs for the most recent month appear below: Original Budget Actual Costs Fixed overhead costs: Supervision Utilities Factory depreciation Total overhead cost $14,100 5,300 7,200 $26,600 $13,650 5,060 7,470 $26,180 The company based its original budget on 3.500 machine-hours. The company actually worked 3.700 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 3,820 machine-hours. What was the overall fixed manufacturing overhead budget variance for the month? Saved Multiple Choice $2,432 Favorable $2,432 Unfavorable o $420 Favorable o $420 Unfavorable
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