10) Reyes Corporation applies overhead using an actual costing approach. Budgeted factory overhead was $267,840, and budgeted machine-hours were 18,600 . Actual factory overhead was $288,420, and actual machine-hours were 19,150 . How much is the over- or underapplied overhead? A) $20,580 underapplied B) $12,660 underapplied C) $7,920 overapplied D) SO