Cost variances should be investigated when the variance is less than a certain percentage of budgeted costs, as determined by management even though the cost of investigation exceeds the benefit as determined by management when they are considered within the "in-control" range as determined by management when the variance is more than a certain percentage of budgeted costs, as determined by management Castleton Corporation manufactured 41,000 units during March. Overhead is applied based on the number of units produced. The following fixed overhead data relates to March: Production Machine-hours Actual 41,000 units 6,020 hours $125,500 Static Budget 39,000 units 5,850 hours $117,000 What is the amount of fixed overhead allocated to production? $125,500.00 $117,000.00 $128,210.13 $123,000.00