Question

At the beginning of last year, Tarind Corporation budgeted $1,300,000 of fixed manufacturing overhead and chose a denominator level of activity of 650,000 machine-hours. At the end of the year, Tari's fixed manufacturing overhead budget variance was $15,500 favorable. Its fixed manufacturing overhead volume variance was $24,800 favorable. Actual direct labor-hours for the year were 675,000. What was Tari's total standard machine-hours allowed for last year's output

Answer 1

It was$1,300,000 of fixed manufacturing