Question - Kuczenski Corporation's cost formula for its manufacturing overhead is $45,700 per month plus $53 per machine-hour. For the month of March, the company planned for activity of 6,200 machine-hours, but the actual level of activity was 6,150 machine-hours. The actual manufacturing overhead for the month was $373,630.
1. The manufacturing overhead in the planning budget for March would be closest to:
$376,668
$374,300
$373,630
$371,650
2. The manufacturing overhead in the flexible budget for March would be closest to:
$371,281
$371,650
$374,300
$373,630
3. The activity variance for manufacturing overhead in March would be closest to:
$670 U
$670 F
$2,650 U
$2,650 F
4. The spending variance for manufacturing overhead in March would be closest to:
$1,980 U
$670 U
$1,980 F
$670 F