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The Cavy Company estimates that the factory overhead for the following year will be $250,000....

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Accounting

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The Cavy Company estimates that the factory overhead for the following year will be $250,000. The company calculated its predetermined Overhead Rate to be $31.25 per machine hour for the year. The machine hours incurred for the month of April for all of the jobs were 4,780. If the actual factory overhead totaled $141,800, determine the over- or underapplied amount for the month. Multiple Choice $35,220 overapplied $7,575 overapplied $35,220 underapplied $7,575 underapplied

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