The normal capacity of Noel Company is 4,00 . units per month. At this volume, budgeted fixed and variable factory overhead are $16,00 . and $20,000 . respectively. In May, actual production was 4,200 units and actual overhead incurred was $37,900. What was the amount of factory overhead allowed for the actual level of production in May?
a. $36,000
b. $36,800
c. $37,000
d. $37,800
c
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a. True b. False Indicate whether the statement is true or false
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