Alapai Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has provided the following data for the most recent month:Budgeted level of activity 7,000 MHsActual level of activity 7,200 MHsStandard variable manufacturing overhead rate $ 9.40 per MHBudgeted fixed manufacturing overhead cost $ 40,000  Actual total variable manufacturing overhead $ 66,960  Actual total fixed manufacturing overhead $ 37,000  What was the total of the variable overhead rate and fixed manufacturing overhead budget variances for the month?Multiple Choice$3,720 Favorable$2,280 Unfavorable$1,840 Favorable$1,880 Unfavorable

A company has budgeted total overhead of $10,575 at actual units produced and actual total overhead of $9,775. The controllable variance is:Multiple choice question.$800 U$800 F

Our company manufactures a single product. The production budget indicates that the number of units expected to be produced are 193,000 in October, 201,500 in November, and 198,000 in December. We assign variable overhead at a rate of $0.75 per unit of production. Fixed overhead equals $150,000 per month. Compute the total budgeted overhead that would appear on the factory overhead budget for month of October.Group of answer choices$343,000.$150,000.$144,750.$301,125.$294,750.

Using the following budget data for Valley Corporation, which produces only one product, calculate the company’s predetermined factory overhead application rate for variable overhead.Units to be produced 11,000  Units to be sold 10,000Indirect materials, varying with production $1,000Indirect labor, varying with production 10,000Factory supervisor’s salary,incurred regardless of production 20,000Depreciation on factory building and equipment 30,000Utilities to operate factory machines 12,000Security lighting for factory 2,000Selling, general and administrative expenses 5,000

Multiple Choice QuestionA company has budgeted total overhead of $10,575 at actual units produced and actual total overhead of $9,775. The controllable variance is:Multiple choice question.$800 U$800 F

A fixed manufacturing overhead variance caused by the difference between the actual fixed overhead expenditures and the fixed overhead that was budgeted for the period is called:Multiple choice question.a volume variancea spending variancea budget variancean efficiency variance