35) Which of the following statement(s) is or are TRUE? A) There should be a strong cause-and-effect relationship between factory overhead costs incurred and the cost-allocation base chosen for its application B) When selecting a cost driver for a budgeted overhead rate, no one cost driver is appropriate for all situations C) In practice, it may be too costly to have several cost-allocation bases for applying overhead costs to products D) Two of the above are true. E) All of the above are true. 36) When the actual overhead costs exceed the amount of applied overhead costs, the overhead costs are . At the end of the accounting period, accountants dispose of the underapplied or overapplied overhead using or A) overapplied: proration, immediate write-off B) underapplied; proration; immediate write-off C) overapplied; flexible budget variance; proration D) underapplied; flexible budget variance, immediate write-off E) Do nothing to avoid errors. 37) Barenz Builders had the following information available for the past twelve months: Budgeted factory overhead costs S80,000 Actual factory overhead costs $82,000 Budgeted machine hours 40,000 Actual machine hours: 39.500 Assume the cost driver for factory overhead costs is machine hours and a job uses 10.000 machine hours. The job was hudgeted to use 11,000 machine hours. What amount of factory overhead is applied to the job? A) $20,000 B) $20,250 C) $22.000 D) 522.278 E) My calculation is