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4.(3 points) Barenz Builders had the following information available for the past twelve months: Budgeted factory overhead costs $80,000 Actual factory overhead costs $82,000 Budgeted
4.(3 points) Barenz Builders had the following information available for the past twelve months: Budgeted factory overhead costs $80,000 Actual factory overhead costs $82,000 Budgeted machine hours 40,000 Actual machine hours 39,500 Assume that the cost driver for factory overhead costs is machine hours and Job 1001 uses 10,000 machine hours. Job 1001 was budgeted to use 11,000 machine hours. Calculate the factory overhead applied to the job. Show your calculations
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