The Managerial Accountant at Space Right Office Cubicles Calculates Fixed

Multiple Choice

The managerial accountant at Space Right Office Cubicles calculates fixed overhead variances to complete the August report. The actual fixed overhead cost in the month of August was $62,100 and the budgeted fixed overhead cost was $63,300. The standard hours in August were 3300 and the standard rate per machine-hour was $19. Calculate the standard fixed overhead cost allocated to production, the fixed overhead budget variance, and the fixed overhead volume variance.

A) $63,300; $1800 F; $600 U
B) $62,100; $3332 F; $1200 U
C) $62,700; $1200 F; $600 U
D) $58,800; $600 F; $1200 U