Answer the Following Question(s)using the Information Below

question 43

Multiple Choice

Answer the following question(s) using the information below.Rutch Corporation manufactured 54,000 door jambs during September.The fixed-overhead cost allocation rate is $50.00 per machine-hour.The following fixed overhead data pertain to September:

-What is the amount of fixed overhead allocated to production?

• A)$51,750
• B)$100,000
• C)$53,400
• D)$57,500
• E)$49,250

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Definitions:

Supply Curve

A visual chart that illustrates how the price of an item affects the amount of the item that sellers are prepared to offer.

Inferior Good

A product whose demand decreases as consumers' income levels increase, opposite to normal goods.

Income Rises

An increase in the amount of money received by individuals or households, often measured on an annual basis.

Complementary Goods

Products or services that are often used together, where the increase in demand for one leads to an increase in demand for the other.