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. $563,000
B. $592,000
C. $608,000
D. $579,000


Answer: C

Business

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