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12. The following data pertain to Company X for the year just ended. Budgeted Actual Manufacturing overhead $150,000 $125,000 Machine hours 10,000 8,000 Direct-labor hours

12. The following data pertain to Company X for the year just ended. Budgeted Actual Manufacturing overhead $150,000 $125,000 Machine hours 10,000 8,000 Direct-labor hours 15,000 20,000 Direct-labor rates $10 per hour $12 per hour The company applies overhead to products using a predetermined overhead rate based on direct- labor dollars. How much is overhead applied to products during the year? A. $240,000 B. $125,000 C. $150,000 D. $120,000 E. $200,000

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