Kingsway Company Had the Following Information Available for the Past

question 98

Multiple Choice

Kingsway Company had the following information available for the past quarter:
$\begin{array}{ll}\text { Budgeted factory overhead costs }&\$75,000\\\text { Actual factory overhead costs }&\$80,000\\\text { Budgeted direct labor hours } & 20,000 \\\text { Actural direct labor hours } &21,000\end{array}$
Assume the cost driver for factory overhead costs is direct labor hours and a job uses 2,000 direct labor hours.The job was budgeted to use 2,100 direct labor hours.What amount of factory overhead is applied to the job?

• A) $7,140
• B) $7,500
• C) $7,875
• D) $8,000

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Definitions:

Five Senses

Refers to the human abilities to see, hear, touch, taste, and smell, used for perception and interaction with the environment.

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