Multiple Choice
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
Correct Answer:

Verified
Correct Answer:
Verified
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