Hampshire company uses job order costing and applies manufacturing overhead on the basis of direct labor hours. Hampshire's accountants have the following information for the year: What is the amount of over- or under-applied overhead for the year

4. Hampshire Company uses job order costing and applies manufacturing overhead on the basis of direct labor hours. Hampshire's accountants have the following information for the year is have the following information for the year Applied overhead cost Estimated overhead cost Actual overhead cost $130,000 $120,000 $150,000 What is the amount of over- or under-applied overhead for the year? A. $10,000 underapplied B. S10,000 overapplied C. $20,000 underapplied D. S30,000 overapplied E. Not determinable based on information given