Enter answers in the tabs below. Determine whether overhead is overapplied or underapplied for each company

Activity during the Direct materials $ 83,600 $ 63,800 Direct labor 85,600 Indirect materials Indirect labor 51,300 Other overhead 52,500 218,000 268,000 period Cost of goods sold (before under overapplied overhead) Predetermined overhead rate Enter answers in the tabs below. Company 1 43,800 15,000 60,200 21,100 or 125% of direct materials cost Company 2 8,100 120% of direct labor cost Required 1 Required 2 Required 3 Determine whether overhead is overapplied or underapplied for each company. Debit Debit Factory Overhead-Company 1 Credit Factory Overhead-Company 2 Credit