Question: Matchpoint has the following overhead standards: Variable overhead: 5 hours at $10/hour Fixed overhead: 5 hours at 12/hour The standards were based on a planned
Matchpoint has the following overhead standards: Variable overhead: 5 hours at $10/hour
Fixed overhead: 5 hours at 12/hour
The standards were based on a planned activity of 31,000 machine hours when 6200 units were scheduled for production. Actual data follow
Variable overhead incurred: $179,750
Fixed overhead incurred: $399,000 Machine hours worked: 31,800
Actual units produced: 6,300
Match Point's fixed overhead budget variance is ?????
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