A manufacturer of playground equipment uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: 
The following data pertain to operations for the most recent period: 
The fixed manufacturing overhead budget variance for the period is closest to:
Definitions:
Junk Bonds
High-yield bonds with a lower credit rating than investment-grade bonds, reflecting a higher risk of default.
Industrial-Development Bond
A government-issued bond to support the development of industrial projects, often tax-exempt for the buyer.
Revenue Bond
A type of municipal bond supported by the revenue from a specific project or source, rather than general tax revenues.
General-Obligation Bond
A type of municipal bond that is secured by the full faith and credit of the issuing government, including its taxing power to repay the bondholders.
Q3: You have deposited $16,700 in a special
Q6: Hayward Corporation had net sales of $610,000
Q33: Radner and Associates develops hotels in
Q33: Collins Corporation uses a predetermined overhead rate
Q42: If the actual quantity of materials used
Q43: The change in each of Kendall Corporation's
Q45: The following data have been recorded for
Q56: Killian Corporation began operations on January 1.
Q66: Ortega Interiors provides design services to residential
Q176: In a manufacturing company, direct labor costs