Stanley Company applies overhead based on machine hours. The following data was available:

Budgeted factory overhead costs $280,000

Budgeted machine hours 22,000

Actual factory overhead costs $292,000

Actual machine hours 19,050

Cost of goods sold $560,000

Direct materials inventory, ending balance $60,000

Work-in-process inventory, ending balance $190,000

Finished goods inventory, ending balance $250,000 Required: A) Compute the budgeted factory overhead rate.

B) Compute the underapplied or overapplied factory overhead.

C) Under the immediate write-off approach to overhead variances, how would you dispose of the overhead variance?

D) If the immediate write-off approach to overhead variances is not used, how would you dispose of the overhead variance?