e following information is available for the Danske Company: Denominator hours for May Actual hours worked during May Standard hours allowed for May Flexible budget fixed overhead cost Actual fixed overhead costs for May 15,000 14,000 12,000 $45,000 $48,000 anske Company had total underapplied overhead of $15,000. Additional formation is as follows: Variable Overhead: Applied based on standard direct labor hours allowed Budgeted based on standard direct labor hours $42,000 38,000 Fixed Overhead: Applied based on standard direct labor hours allowed Budgeted based on standard direct labor hours $30,000 27,000 That is the actual total overhead for the period