150 NA Couses a predetermined factory overhead application rate based on direct labor cost. For the year ended December 31, Nr's budeted factory overhead was 600,000, based on a budgeted volume of 50.000 direct labor hours, at a standard direct labor rate of 56 per hour. Actual factory overhead amounted to 5620,000, with actual direct labor cost of 5325.000. For the year overalled factory overhead was OC 150.000 OD