The following data pertain to Carnation Company for the year just ended Budgeted Actual $150,000 $125,000 Manufacturing overhead 10,000 8,000 Machine hours 20.000 Direct-Labor hours 15,000 512 per hour Direct-labor rates $10 per hour The company applies overhead to products using a predetermined overhead rate based on direct-obor hours How much is overhead applied to products during the year? O $150.000 $120,000 $93.750 $125,000 $200,000