Fahmy's 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 7,100 hours 6,900 hours Fixed overhead costs for March $123,000 $138,000 What is the flexible-budget amount for fixed-overhead?
Select one:
a. $123,000
b. $138,000
c. $125,000
d. $120,983
e. $122,000