Majestic Corporation manufactures wheel barrows and uses budgeted machine hours to allocate variable manufacturing overhead....
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Majestic Corporation manufactures wheel barrows and uses budgeted machine hours to allocate variable manufacturing overhead. The following information relates to the company's manufacturing overhead data: Budgeted output units 31,000 units Budgeted machine - hours 16,585 hours Budgeted variable manufacturing overhead costs for 31,000 units $331,700 Actual output units produced Actual machine - hours used Actual variable manufacturing overhead costs 33,000 units 14,900 hours $427,165 What is the flexible budget variance for variable manufacturing overhead? A. $74,065 favorable B. $95,465 favorable C. $95,465 unfavorable D. $74,065 unfavorable
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