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Sooners Company Had the Following Information The Budgeted Factory- Overhead Rate Using Production Setups as the overhead

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Sooners Company had the following information:  Budgeted factory overhead $78,000 Actual factory overhead $75,000 Budgeted: Production setups 12,000 Actual: Production setups 11,500\begin{array}{ll}\text { Budgeted factory overhead } & \$ 78,000 \\\text { Actual factory overhead } & \$ 75,000 \\\text { Budgeted: Production setups } & 12,000 \\\text { Actual: Production setups } & 11,500\end{array} The budgeted factory- overhead rate using production setups as the cost driver is:


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