Tierman Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Budgeted fixed manufacturing overhead$221,700 Budgeted production (a) 15,000unitsStandard hours per unit (b) 2.00machine-hoursBudgeted hours (a) × (b) 30,000machine-hours Actual production (a) 17,000unitsStandard hours per unit (b) 2.00machine-hoursStandard hours allowed for the actual production (a) × (b) 34,000machine-hoursActual fixed manufacturing overhead$207,700 The fixed overhead budget variance is:
A. $43,560 U
B. $43,560 F
C. $14,000 U
D. $14,000 F
Answer: D
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