Citi Company uses a standard cost system in which manufacturing overhead is applied to units of product on the basis of standard machine-hours. During February, the company used a denominator activity of 60,000 machine-hours in computing its predetermined overhead rate. However, 75,000 standard machine-hours were allowed for the month's actual production. If the fixed manufacturing overhead volume variance for February was $6,800 unfavorable, then the total budgeted fixed manufacturing overhead cost for the month was (closest to )

Select one:

a. $27,200

b. $81,600

c. $37,612

d. $30,000