Answer the Following Questions Using the Information Below:
Norman -What Is the Amount of Fixed Overhead Allocated to Production

question 57

Multiple Choice

Answer the following questions using the information below:
Norman & Appleby Corporation manufactured 15 000 golf bags during March.The fixed overhead cost-allocation rate is $20.00 per machine-hour.The following fixed overhead data pertain to March:
$$\begin{array} { l r r } & \text { Actual } & \text { Static Budget } \\\text { Production } & 15000 \text { units } & 18000 \text { units } \\\text { Machine-hours } & 7650 \text { hours } & 9000 \text { hours } \\\text { Fixed overhead cost for March } & \$ 122000 & \$ 120000\end{array}$$
-What is the amount of fixed overhead allocated to production?

• A)$150 000
• B)$153 000
• C)$120 000
• D)$122 000

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Definitions:

Operations

The day-to-day activities involved in running a business, focusing on the efficient and effective production and delivery of goods and services.

Strategic Leadership

It's an approach to management used by leaders to influence the direction towards achievement of high-level goals.

Corporate Governance

The system of rules, practices, and processes by which a company is directed and controlled, involving balancing the interests of its stakeholders.

Strategy Implementation

The execution of a strategic plan or the process of putting a newly chosen strategy into effect to achieve organizational goals.