Question 7 The company applies overhead based on direct labor $'s. Based upon the information provided compute the Budgeted overhead. Purchases Direct labor Indirect labor Indirect materials Marketing Factory insurance Factory depreciation Factory utilities Other factory expenses Other selling and administrative expe Budgeted Actual 300,000 256,000 200,000 $ 250,000 120,000 $ 96,000 35,000 $ 28,000 150,000 $ 124,000 15,000 $ 4,000 40,000 S 42,000 20,000 |||| 24,000 90,000 $ 70,000 S 68,000 80,000 $270,000 $290,000 $310,000 $290,000 None of the other answers are correct 1 pts Question 8