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Cascade Company uses a standard cost system in which manufacturing overhead is applied to units of product on the basis of standard machine hours. During March, the company used a denominator activity of 50,000 machine hours in computing its predetermined overhead rate. However, 65,000 standard machine hours were allowed for the month's actual production. If the fixed manufacturing overhead volume variance for March was $7,500 unfavorable, then the total budgeted fixed manufacturing overhead cost for the month was $_.

Cascade Company uses a standard cost system in which manufacturing overhead is applied to units of product on the basis of standard machine hours. During March, the company used a denominator activity of 50,000 machine hours in computing its predetermined overhead rate. However, 65,000 standard machine hours were allowed for the month's actual production. If the fixed manufacturing overhead volume variance for March was $7,500 unfavorable, then the total budgeted fixed manufacturing overhead cost for the month was $_.

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter18: Pricing And Profitability Analysis
Section: Chapter Questions
Problem 15E: Flaherty, Inc., has just completed its first year of operations. The unit costs on a normal costing...
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Cascade Company uses a standard cost system in which manufacturing overhead is applied to units of product on the basis of standard machine hours. During March, the company used a denominator activity of 50,000 machine hours in computing its predetermined overhead rate. However, 65,000 standard machine hours were allowed for the month's actual production. If the fixed manufacturing overhead volume variance for March was $7,500 unfavorable, then the total budgeted fixed manufacturing overhead cost for the month was $_.

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