Giants Company Had the Following Information The Overhead Applied for a Company That Uses 10,000 Machine

Giants Company had the following information: $$\begin{array} { l r } \text { Budgeted factory overhead } & \$ 80,000 \\\text { Actual factory overhead } & \$ 82,000 \\\text { Budgeted: Machine hours } & 40,000 \\\text { Actual: Machine hours } & 39,500\end{array}$$ The overhead applied for a company that uses 10,000 machine hours is _____.

A) $20,000
B) $20,250
C) $20,500
D) $28,750

Correct Answer:

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