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 fixed overhead rate variance?

Question 20Select one:

a.

$5,000 favourable

b.

$5,164 unfavourable

c.

$1,000 unfavourable

d.

$2,000 favourable

e.

$983 unfavourable