Ronda Manufacturing Corporation uses a standard cost system with machine-hours as the activity base for overhead.Last year, Ronda incurred $840,000 of fixed manufacturing overhead and generated a $42,000 favorable fixed manufacturing overhead budget variance.The following data relate to last year's operations:
What amount of total fixed manufacturing overhead cost did Ronda apply to production last year?
A) $837,900
B) $840,000
C) $926,100
D) $972,405