Budgeted direct labour cost : 75 000 hours @ $20 per hour; Actual direct labour cost: 70 000 hours @ $22 per hour; Budgeted manufacturing overhead:$980, 000;Actual manufacturing overhead: $950,000

Calculate the overapplied or underapplied overhead for the year.

a.

None of the answers given

b.

$33,000

c.

$38,000

d.

$30,000