What was the fixed manufacturing overhead budget variance

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Question: Teall Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has provided the following data for the most recent month:

Budgeted level of activity 8,900 MHs

Actual level of activity 9,000 MHs

Standard variable manufacturing overhead rate $6.10 per MH

Budgeted fixed manufacturing overhead cost $54,000

Actual total variable manufacturing overhead $55,600

Actual total fixed manufacturing overhead $58,400

What was the fixed manufacturing overhead budget variance for the month?

Reference no: EM133542060

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