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What is the flexible-budget amount for fixed overhead

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Question - Rutch Corporation manufactured 54,000 door knobs during September. The fixed-overhead cost allocation rate is $50.00 per machine-hour. The following fixed overhead data pertain to September:

 

Actual

Static Budget

Production

54,000 units

60,000 units

Machine-hours

985 hours

1,000 hours

Fixed overhead costs for March

$48,400

$50,000

Required -

a) What is the flexible-budget amount for fixed overhead?

b) What is the amount of fixed overhead allocated to production?

c) What is the fixed overhead rate, or budget, variance?

d) What is the production-volume variance?

Reference no: EM132813187

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