(Appendix 11A)Semaan Corporation Applies Manufacturing Overhead to Products on the Basis

Multiple Choice

(Appendix 11A) Semaan Corporation applies manufacturing overhead to products on the basis of standard machine-hours.Budgeted and actual overhead costs for the month appear below: The company based its original budget on 2, 700 machine-hours.The company actually worked 2, 960 machine-hours during the month.The standard hours allowed for the actual output of the month totaled 3, 030 machine-hours.What was the overall fixed manufacturing overhead budget variance for the month?

A) $3, 130 Unfavorable
B) $340 Unfavorable
C) $340 Favorable
D) $3, 130 Favorable