Virginia tech is a manufacturing company which produces and retails computer chips, they use a standard costing system. One part of the price of computer chips is variable Manufacturing overhead, which is applied using stand machine hours. The standard is to use 0.6 machine hours per computer chip. Information regarding 2019:

How much variable manufacturing overhead was applied to work in process in 2019?

Budgeted Computer chip production 7900 Computer chips Actual computer chip production 7850 Computer chips Budgeted Computer Chips 4,740 hours Actual machine hours 4,730 hours Budgeted variable manufacturing overhead $9,480 Actual variable manufacturing overhead $9,546