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Kingsway Company had the following information available for the past quarter: Budgeted factory overhead costs $75,000 Actual factory overhead costs $80,000 Budgeted direct labor hours

Kingsway Company had the following information available for the past quarter:

Budgeted factory overhead costs $75,000

Actual factory overhead costs $80,000

Budgeted direct labor hours 20,000

Actual direct labor hours 21,000

Assume the cost driver for factory overhead costs is direct labor hours and a job uses 2,000 direct labor hours. The job was budgeted to use 2,100 direct labor hours. What amount of factory overhead is applied to the job?

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