Answer the Following Questions Using the Information Below

Multiple Choice

Answer the following questions using the information below:
For 2014, Thomas Manufacturing uses machine-hours as the only overhead cost-allocation base. The estimated manufacturing overhead costs are $300,000 and estimated machine hours are 50,000. The actual manufacturing overhead costs are $420,000 and actual machine hours are 70,000.
-What is the difference between the budgeted and the actual manufacturing overhead using job costing?

A) $0.20
B) $0.50
C) $1.00
D) $1.20