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Reidenbach Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The budgeted...

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Accounting

Reidenbach Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The budgeted fixed manufacturing overhead cost for the most recent month was $17,100 and the actual fixed manufacturing overhead cost for the month was $17,450. The company based its original budget on 4,500 machine-hours. The standard hours allowed for the actual output of the month totaled 4,810 machine-hours. What was the overall fixed manufacturing overhead budget variance for the month?

$1,178 Favorable

$350 Favorable

$1,178 Unfavorable

$350 Unfavorable

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