Canberra has the following information regarding fixed overheads: Budgeted information $ Fixed overheads 180,000 3,000 Labour hours hours 10,000 Machine hours hours Units of production 5,000 units $ Actual fixed cost 160,000 Canberra produces many different products using highly automated manufacturing process and absorbing overheads on the most appropriate basis. What is the overhead absorption rate? Oa. $36 Ob. $16 O c. $ 60 Od. $ 18
