Amount of fixed overhead allocation

Reference no: EM13135332

Matthew's Corporation manufactured 10,000 golf bags during March. The fixed overhead cost-allocation rate is $20.00 per machine-hour. The following fixed overhead data pertain to March:

Actual Static Budget
Production 10,000 units 12,000 units
Machine-hours 5,100 hours 6,000 hours
Fixed overhead cost for March $122,000 $120,000

a. What is the flexible-budget amount?

b. What is the amount of fixed overhead allocated to production?

c. What is the fixed overhead production-volume variance?

d. Determine the fixed overhead's overallocated or underallocated amount.

Reference no: EM13135332

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