Harris Manufacturing produces white sauce. It uses units as the cost driver for overhead. The following information was provided concerning its standard cost system for 2020:

Budgeted and Standard Data

Actual Data

Material

1/4 lb. @ $14 per pound

Produced

6,200 units

Labor

1.4 hrs. @ $16 per hour

Materials purchased

1,600 lbs. for $13.70/pound

Total fixed overhead

$84,000

Materials used

1,520 lbs.

Variable overhead

$6.60 per unit

Labor worked

8,740 hrs. at $15.90/hour

Production

6,000 units

Total overhead

$122,000

How much is the flexible budget for overhead for 2020?

$122,000

$123,600

$124,920

$124,300

$127,100