The Following Information Was Gathered for Wolverines Company Assume the Cost Driver Is Direct- Labor Hours

The following information was gathered for Wolverines Company: $\begin{array} { l } \text {Budgeted direct- labor hours }&7,750 \\ \text { Actual direct-labor hours}&8,100 \\ \text { Budgeted factory overhead}&\$220,875 \\ \text {Actual factory overhead }& \$224,970\\\end{array}$
Assume the cost driver is direct- labor hours. The budgeted factory- overhead rate is:

A) $28.50
B) $29.03
C) $27.27
D) $27.77