Cheyenne Corporation compiled the following information for the current period. Cheyenne Corporation uses Direct Labor Hours as a cost driver. How much Manufacturing Overhead did Cheyenne Corporation apply during the current period? Budgeted Manufacturing Overhead Budgeted Direct Labor Hours Budgeted Direct Labor Cost Budgeted Machine Hours $606000 200000 hours $305000 100000 machine hours Actual Manufacturing Overhead incurred $505000 Actual Direct Labor Hours used Actual Direct Labor Cost incurred O $454500 $350000 $606000 $505000 150000 hours $330000