Reference no: EM132547941

Zitrik Corporation manufactured buckets during February. The variable overhead cost allocation base is $5.25 per machine hour. The following variable overhead data pertain to February:

                                                            Actual                    Budgeted

Production                                90,000 units              90,000 units

Machine - hours                             9,500 hours            9,000 hours

Variable OH cost per machine - hour       $5.35                   $5.25

Question 1: What is the actual variable overhead cost?

Group of answer choices

Option 1: $47,250

Option 2: $51,450

Option 3: $50,825

Option 4: $52,430