McLennan Companys static budget overhead costs and actual overhead costs are given below for March.

	Static Budget	Actual
Units produced	100,000	80,000
Variable overhead costs:
Indirect materials	$20,000	$19,300
Indirect labor	40,000	39,000
Utilities	50,000	48,500
Fixed overhead costs:
Insurance	40,000	40,500
Rent	20,000	21,000

McLennan produced 120,000 units in April. The companys flexible budget for April will show utilities cost of:

$240,000

$41,667

$50,000

$60,000