Question 24 3 pts [Notel This question and the next for previous) question are based on the same data! Plimpton Company produces countertop ovens. Plimpton uses a standard costing system. The standard costing system relies on direct labor hours to assign overhead costs to production. The direct labor standard indicates that 4 direct labor hours should be used for every single oven produced. The annual budgeted production value is usually 9,000 units per year. The budgeted overhead costs for the coming year are determined as follows: Fixed overhead 5144.000 Variable overhead $180.000 Plimpton applies overhead on the basis of direct labor hours. During the year, Plimpton produced 8.000 units worked 32.500 direct labor hours, and incurred tot $295,000 of overhead costs of which $134.000 is foed overhead. Which of the following would be TRUE for the situation described above? o the test werder polied during the year Total overtocad cuting the wis 500 untube Totalcance during the 17.000 to The word they