The Steff Company has the following flexible budget (in condensed form) for manufacturing overhead: The following data concerning production pertain to last year's operations:
-The fixed manufacturing overhead cost applied to work in process was:
A)$27,400
B)$30,000
C)$30,850
D)$13,700

Question

The Steff Company has the following flexible budget (in condensed form) for manufacturing overhead:  The following data concerning production pertain to last year's operations:  
-The fixed manufacturing overhead cost applied to work in process was:
A)$27,400 
B)$30,000 
C)$30,850 
D)$13,700

Quizplus · Accepted Answer

Fixed manufacturing overhead cost applied to work in process = $2 per hour F1F1F1S1F1F1F10 2 hours per unit F1F1F1S1F1F1F10 6,850 units = $27,400

The Steff Company Has the Following Flexible Budget (In Condensed