Fogerty Company manufactures two types of products: titanium Hubs and Sprockets. Titanium Hubs are budgeted for 5,000 direct labor hours of production for the year. Sprockets are budgeted for 5,000 direct labor hours of production for the year. Total factory overhead is budgeted for the year at $300,000. How much factory overhead cost will be allocated to the titanium Hubs if a single plant-wide factory overhead rate is used?

Group of answer choices

More than the amount allocated to sprockets.

None.

Less than the amount allocated to sprockets.

The same amount as allocated to sprockets.