Actual				Static Budget
Units of Production	4700				5,000
machine hours per unit					3
Machine Hours					15,000
Fixed OHrate per Machine hour					80
Fixed overhead rate per machine hour					0
Fixed overhead costs for March	$1,150,000				1,200,000

F&io Corporation manufactured 4,300 widgets during April. The fixed-overhead cost-allocation rate is $60.00 per STANDARD machine-hour. The above fixed overhead data pertain to April. What is the flexible-budget amount of fixed overhead? You must show your computation to receive credit, no partial credit is given.