18. Sofa Manufacturers applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under- or overapplication of overhead for the period: Estimated annual overhead cost $1,500,000 $1,470,000 Actual annual overhead cost Estimated machine hours 300,000 Actual machine hours 290,000 A) $1,450,000 applied and $20,000 overapplied B) $1,500,000 applied and $20,000 overapplied C) $1,450,000 applied and$20,000 underapplied D) $1,470,000 applied and neither under- nor overapplied 19. When the company assigns factory labor costs to jobs, the direct labor cost is debited to A) Direct Labor. C) Manufacturing Overhead. B) Factory Labor D) Work in Process Inventory 20. Factory labor costs A) accumulate in advance of utilization. B) accumulate in a control account. C) include sick pay eamed by factory workers. D) accumulate in the Factory Labor Expense account