Ronda Manufacturing Corporation uses a standard cost system with machine-hours as the activity base for overhead. Last year, Ronda incurred $840,000 of fixed manufacturing overhead and generated a $42,000 favorable fixed manufacturing overhead budget variance. The following data relate to last year's operations: Denominator activity level in machine-hours21,000Standard machine-hours allowed for actual output20,000Actual number of machine-hours incurred22,050?What amount of total fixed manufacturing overhead cost did Ronda apply to production last year?
A. $926,100
B. $837,900
C. $972,405
D. $840,000
Answer: D
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