Multiple Choice
Gregorich Incorporated makes a single product--a critical part used in commercial airline seats.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: 
The fixed overhead budget variance is:
A) $20,000 U
B) $20,000 F
C) $62,070 F
D) $62,070 U
Correct Answer:
Verified
Correct Answer:
Verified
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