The following information pertains to Brando Co. for the fiscal year 20x10. This is the businesses first year of operations Budgeted Costs Actual Costs Direct Materials Used 100,000 120,000 Durect Labour Used 200,000 225,000 Variable Overhead 80,000 70,000 Fixed Overhead 280,000 310,000 Expected Actual Direct Labour Hours 13,000 15,000 The ending balances at the end of the year were provided below: Work in Process Inventory 30,000 Finished Goods Inventory 70,000 Cost of Goods Sold Overhead is allocated on the basis of direct labour hours