ango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated...

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ango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs to be $520.000 d direct labor costs to be $260,000. Actual overhead costs for the year totaled $539,000, and actual direct labor costs totaled $292,000. At year- d, Factory Overhead account is: Multiple Choice Underapplied by $45,000. Overapplied by $292,000. ango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs to be $520.000 d direct labor costs to be $260,000. Actual overhead costs for the year totaled $539,000, and actual direct labor costs totaled $292,000. At year- d, Factory Overhead account is: Multiple Choice Underapplied by $45,000. Overapplied by $292,000.