Aymond electronics corporation has a standard cost system, Ask an Expert

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Aymond Electronics Corporation has a standard cost system in which it applies manufacturing overheas to products on the basis of standard machine-hours(MHs). The company had budgeted its fixed manufacturing overhead cost at $42,700 for the month and its level of activity at 2,000 MHs. The actual total fixed manufacturing overhead was $44,100 for the month and the actual level of activity was 1,800 MHs.

Q: What was the fixed manufacturing overhead budget variance for the month to the nearest dollar?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9976988

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