3.

Hodge Co, applies overhead based on direct labor costs. This year, Hodge Co. estimated total overhead costs to be $520,000, and direct labor costs to be $260,000. Actual overhead costs for the year totaled $539,000, and actual direct labor costs totaled $291,000. At year end, the balance In the Factory Overhead account is a Muriple Choice $582.000 Credit balance $43.000 balance 42000 Dec