The details of a company’s fixed overheads were given as follows. Budgeted hours: 10 000, fixed overheads $150 000. Actual hours: 11 000, fixed overheads $170 000. What was the over or under absorption of fixed overheads?
- A$5000 over absorbed
- B$5000 under absorbed
- C$15 000 over absorbed
- D$15 000 under absorbed