At the beginning of last year, Monze Corporation budgeted $600,000 of fixed manufacturing overhead and chose a denominator level of activity of 100,000 direct labor-hours. At the end of the year, Monze's fixed manufacturing overhead budget variance was $8,000 unfavorable. Its fixed manufacturing overhead volume variance was $21,000 favorable. Actual direct labor-hours for the year were 96,000. What was Monze's actual fixed manufacturing overhead for last year?
A. $579,000
B. $592,000
C. $608,000
D. $563,000
Answer: C
You might also like to view...
When promotional materials are only sent to customers who have given their approval, the program is called:
A) direct mail B) Internet marketing C) permission marketing D) a frequency program
In Indonesia, home of the world's largest Muslim population, KFC uses Ramadan-themed outdoor advertising to encourage Indonesians to come to the restaurants at buka puasa, the end of each day's fast
Indicate whether the statement is true or false
When would you want to use qualitative data in a business proposal?
a. when highlighting consumer feedback on a product b. when outlining the sales growth percentage for a product c. when comparing the gross versus net profits of a product d. when identifying the highest sales via customer demographics on a product
The law makes the common carrier a limited (conditional) insurer of the goods it carries.
Answer the following statement true (T) or false (F)