Primara Corporation has a standard cost system in which it applies overhead to products based on the standard direct labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Total budgeted fixed overhead cost for the year $ 510,400 Actual fixed overhead cost for the year $ 502,000 Budgeted direct labor-hours (denominator level of activity) 58,000 Actual direct labor-hours 59,000 Standard direct labor-hours allowed for the actual output 56,000