Answer the Following Questions Using the Information Below:
Deocomfort Corporation

question 88

Multiple Choice

Answer the following questions using the information below:
Deocomfort Corporation manufactured 54,000 door jambs during September. The following fixed overhead data relates to September:
$\begin{array}{lrr}&\text { Actual }&\text { Static Budget }\\\text { Production } & 55,500 \text { units } & 55,000 \text { units } \\\text { Machine-hours } & 985 \text { hours } & 1,100 \text { hours } \\\text { Fixed overhead costs for September } & \$ 50,500 & \$ 50,600\end{array}$
-What is the flexible-budget amount?

• A) $50,500
• B) $51,060
• C) $50,600
• D) $55,500

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Definitions:

Binding Contract

An agreement between two or more parties that is legally enforceable in a court of law.

Subjective Theory

A theory proposing that certain concepts, values, or decisions are dependent on individual perspectives, feelings, or opinions rather than objective facts.

Fraud

The intentional deception made for personal gain or to damage another individual.

Unilateral Contract

A contract in which one party makes a promise in exchange for an act by another party.