Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs to be $680,000, and direct labor costs to be $340,000. Actual overhead costs for the year totaled $691,000, and actual direct labor costs totaled $380,000. At year-end Factory Overhead account is: Multiple Chaice Owereppled by $69,000 Neather overapplied nor undereppled. Overapplied by 5380,000 . Underapplied by $69.000 Overappled by $40,000