Johannes Corporation uses a budgeted factory overhead rate to apply overhead to production. Direct labor costs are the cost driver for overhead costs. The following data are available for the year ending December 31, 2015:

Budgeted factory overhead costs                             $675,000

Actual factory overhead costs                                  $1,200,000

Budgeted direct labor costs                                      $250,000

Actual direct labor costs                                           $482,000

Cost of goods sold                                                   $150,000

Direct materials inventory, December 31, 2015         $120,000

Work-in-process inventory, December 31, 2015        $100,000

Finished goods inventory, December 31, 2015          $250,000

A) Compute the budgeted factory overhead rate.

B) Compute the applied overhead costs.

C) What is the overhead variance?

D) Prorate the overhead variance to the appropriate accounts.