Reference no: EM131800521

Question - Kuczenski Corporation's cost formula for its manufacturing overhead is $45,700 per month plus $53 per machine-hour. For the month of March, the company planned for activity of 6,200 machine-hours, but the actual level of activity was 6,150 machine-hours. The actual manufacturing overhead for the month was $373,630.

1. The manufacturing overhead in the planning budget for March would be closest to:

$376,668

$374,300

$373,630

$371,650

2. The manufacturing overhead in the flexible budget for March would be closest to:

$371,281

$371,650

$374,300

$373,630

3. The activity variance for manufacturing overhead in March would be closest to:

$670 U

$670 F

$2,650 U

$2,650 F

4. The spending variance for manufacturing overhead in March would be closest to:

$1,980 U

$670 U

$1,980 F

$670 F