A Manufacturing Company Uses a Standard Costing System in Which

Multiple Choice

A manufacturing company uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period:
-What was the fixed manufacturing overhead volume variance for the period to the nearest dollar?

A) $1,174 F
B) $1,194 F
C) $1,550 F
D) $357 U