BITCO has the following amounts recorded in the ledger. Beginning raw materials $5,600 4,200 Ending raw materials Direct labor 17,250 Raw material purchases 7,400 Depreciation on factory equipment 6,750 Factory repairs and maintenance 3,300 Beginning finished goods inventory 10,800 Ending finished goods inventory 8.900 Beginning goods in process inventory 5,350 Ending goods in process inventory 6,300 OH application rate 60% of DL Use the information provided to calculate the amount by which overhead is under or overapplied during the period. $800 Underapplied O $300 Underapplied 31 AR 80 DOD F BE14 # 3 $ % & ** Depreciation on factory equipment 6,750 Factory repairs and maintenance 3,300 Beginning finished goods inventory 10,800 Ending finished goods inventory 8,900 Beginning goods in process inventory 5,350 Ending goods in process inventory 6,300 OH application rate 60% of DL Use the information provided to calculate the amount by which overhead is under or overapplied during the period. $800 Underapplied $300 Underapplied $800 Overapplied There was no over or underapplied overhead. $300 Overapplied 31 BO ODO 13 ODO F 10 A % 5 & 7 * 00 4 6 9 0