At the Beginning of Last Year,Monze Corporation Budgeted $600,000 of Fixed

question 75

Multiple Choice

At the beginning of last year,Monze Corporation budgeted $600,000 of fixed manufacturing overhead and chose a denominator level of activity of 100,000 direct labor-hours.At the end of the year,Monze's fixed manufacturing overhead budget variance was $8,000 unfavorable.Its fixed manufacturing overhead volume variance was $21,000 favorable.Actual direct labor-hours for the year were 96,000.What was Monze's actual fixed manufacturing overhead for last year?

• A) $563,000
• B) $579,000
• C) $608,000
• D) $592,000