TJC Limited Allocates a Standard £5

Multiple Choice

TJC Limited allocates a standard £5.00 fixed overhead cost to Product J on the basis that 5,000 units of Product J are produced each month. 5,500 units of Product J were produced in July resulting in an unfavourable fixed overhead expenditure variance of £1,000. What was the actual fixed overhead expenditure during July?

A) £24,000
B) £26,000
C) £26,500
D) £28,500