Fahmy's Corporation manufactured 25,000 grooming kits for horses during March. The fixed-overhead co allocation rate is $20.00 per machine-hour. The following fixed overhead data pertain to March: Actual 25,000 units Static Budget 24,000 units Production Machine-hours 7,100 hours 6,900 hours Fixed overhead costs for March $123,000 $138,000 What is the flexible-budget amount for fixed-overhead? Round to the nearest dollar. O A. $120,983 OB. $122,000 OC. $123,000 OD. $138,000 E. $125,000
Fahmy's Corporation manufactured 25,000 grooming kits for horses during March. The fixed-overhead co allocation rate is $20.00 per machine-hour. The following fixed overhead data pertain to March: Actual 25,000 units Static Budget 24,000 units Production Machine-hours 7,100 hours 6,900 hours Fixed overhead costs for March $123,000 $138,000 What is the flexible-budget amount for fixed-overhead? Round to the nearest dollar. O A. $120,983 OB. $122,000 OC. $123,000 OD. $138,000 E. $125,000
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Transcribed Image Text:Fahmy's Corporation manufactured 25,000 grooming kits for horses during March. The fixed-overhead cost
allocation rate is $20.00 per machine-hour. The following fixed overhead data pertain to March:
Actual
25,000 units
Static Budget
24,000 units
Production
Machine-hours
7,100 hours
6,900 hours
Fixed overhead costs for March
$123,000
$138,000
What is the flexible-budget amount for fixed-overhead? Round to the nearest dollar.
A. $120,983
OB. $122,000
OC. $123,000
OD. $138,000
E. $125,000
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