Answer the following three questions using the information below Rachel 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 Static Budget Production 25,000 units 24,000 units Machine hours 6,100 hours 6,000 hours Fixed overhead cost for March $123,000 $120,000 What is the fixed overhead production volume variance A $1,000 unfavorable B $2,000 favorable C $3,000 unfavorable D $5,000 favorable

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Question: Answer the following three questions using the information below: Rachel Corporation manufactured 25,000 grooming kits for horses during March. The fixed-overhead cost-allocation rate is $20.00

Answer the following three questions using the information below:

Rachel 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	Static Budget
Production	25,000 units	24,000 units
Machine-hours	6,100 hours	6,000 hours
Fixed overhead cost for March	$123,000	$120,000

What is the fixed overhead production-volume variance?

	A.	$1,000 unfavorable
	B.	$2,000 favorable
	C.	$3,000 unfavorable
	D.	$5,000 favorable

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