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20 May, 04:56

Solution Enterprises incurred $828,000 of fixed overhead during the period. During that same period, the company applied $845,000 of fixed overhead to production and reported an unfavorable budget variance of $41,000. How much was Solution's budgeted fixed overhead?

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  1. 20 May, 06:25
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    Budgeted fixed overhead = $787,000

    Explanation:

    Budget variance = Actual overhead-budgeted overhead

    -41000 = 828000-X

    X = 787000

    So answer is $787000
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