Use the below information to answer the following questions:
Bekits Corporation manufactured 25,000 grooming kits for horses during March. The following fixed overhead data relates to March:
$\begin{array}{lrr}&\text { Actual }&\text { Static Budget }\
\text { Production } & 37,500 \text { units } & 36,000 \text { units } \
\text { Machine-hours } & 6,100 \text { hours } & 5,940 \text { hours } \
\text { Fixed overhead costs for March } & \$ 133,000 & \$ 124,740
\end{array}$
-What is the amount of fixed overhead allocated to production?

Question

Use the below information to answer the following questions:
Bekits Corporation manufactured 25,000 grooming kits for horses during March. The following fixed overhead data relates to March:
 $\begin{array}{lrr}&\text { Actual }&\text { Static Budget }\
\text { Production } & 37,500 \text { units } & 36,000 \text { units } \
\text { Machine-hours } & 6,100 \text { hours } & 5,940 \text { hours } \
\text { Fixed overhead costs for March } & \$ 133,000 & \$ 124,740
\end{array}$
-What is the amount of fixed overhead allocated to production?

Quizplus · Accepted Answer

The fixed overhead rate is calculated based on the static budget: $124,740 / 36,000 units = $3.465 per unit. For actual production of 37,500 units, the allocated fixed overhead is 37,500 units * $3.465 = $129,937.50.

Use the Below Information to Answer the Following Questions: Bekits

Use the Below Information to Answer the Following Questions:
Bekits