(Answered) The following information is available from the records of

Finance

The following information is available from the records of a manufacturing company that applies factory overhead based on direct labor hours:

Estimated overhead cost $500,000, Estimated labor hours $200,000, Actual overhead cost $515,000, Actual labor hours $210,000

Based on this information, factory overhead is

A. Underapplied by $9,524

B. Overapplied by $10,000

C. Overapplied by $15,000

D. Overapplied by $40,750

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