Fixed manufacturing overhead was budgeted at $105,000, and 25,000 direct labor hours were budgeted. If the fixed overhead volume variance was $4,000 unfavorable and the fixed overhead spending variance was $1,500 favorable, fixed manufacturing overhead applied must be
A) $109,000.
B) $106,500.
C) $106,500
D) $101,000.
Correct Answer:
Verified
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