Manufacturing overhead was estimated to be $400,000 for the year along with 20,000 direct labor...

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Accounting

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Manufacturing overhead was estimated to be $400,000 for the year along with 20,000 direct labor hours. Actual manufacturi overhead was $415,000, and actual labor hours were 21,000. Which of the following would be correct? Select one: a Overhead is overapplied by $15,000 b. Overhead is underapplied by $5,000 c. Overhead is overapplied by $5,000 d. Overhead is underapplied by $15,000

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