Beth Company's budgeted fixed factory overhead costs are ($ 50,000) per month plus a variable factory overhead

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Beth Company's budgeted fixed factory overhead costs are \(\$ 50,000\) per month plus a variable factory overhead rate of \(\$ 4\) per direct labor hour. The standard direct labor hours allowed for October production were 18,000 . An analysis of the factory overhead indicates that, in October, Beth had an unfavorable budget (controllable) variance of \(\$ 1,000\) and a favorable volume variance of \(\$ 500\). Beth uses a two-way analysis of overhead variances.

{Determine:}

(1) Actual factory overhead incurred in October,

(2) Applied factory overhead in October.

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