For one month, a business recorded these budgeted and actual figures: budgeted fixed overheads $354 000; actual fixed overheads $360 000; under-absorption of overheads $3 000. Fixed overheads are absorbed on a per-unit basis. The budgeted number of units is 118 000. Calculate the actual activity level, measured in units?
- A118 000
- B119 000
- C120 000
- D121 000