Question: Question 35 4 points Save Answer Munoz, Inc., produces a special line of plastic toy racing cars. Munoz, Inc, produces the cars in batches. To
Question 35 4 points Save Answer Munoz, Inc., produces a special line of plastic toy racing cars. Munoz, Inc, produces the cars in batches. To manufacture a batch of the cars, Munoz, Inc., must set up the machines and molds. Setup costs are batch-level costs because they are associated with batches rather than individual units of products. A separate Setup Department is responsible for setting up machines and molds for different styles of car, Setup overhead costs consist of some costs that are variable and some costs that are fixed with respect to the number of setup-hours. The following information pertains to June 2015: Actual Static-budget Amounts Amounts 11,950 235 6.25 $38 $16,286 14,950 265 Units produced and sold Batch sze (number of undts per batch) Setup-hours per batch $41 16,450 Variable overhead coot per setup-hour Total fixed setup overhead coets Calculate the production-volume variance for fixed overhead setup costs. (Round all intermediary calculations to two decimal places and your final answer to the nearest whole number.) O $4087 unfavorable O $4087 favorable O $47 unfavorable O $47 favorable Question 35 of 50 Moving to another question will save this response
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