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Minstret Manufacturing uses a job order costing system. During the month, Minstrel purchased $198.000 of raw materlals on credit, issued materials to production of $195,000

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Minstret Manufacturing uses a job order costing system. During the month, Minstrel purchased $198.000 of raw materlals on credit, issued materials to production of $195,000 of which $30,000 were indirect. Minstrel incurred a factory payroll of $150,000, of which $40,000 was indirect labor: Minstrel uses a predetermined overhead application rate of 150% of direct labor cost if Minstrel incurred total overhead costs of $167,800 during the month, compute the amount of under-or overapplied overhead: Multiple Choice \$2,800 overapplied $17,800 underapplied \$2.800underopphed $2,800 overapplied. $17,800 underapplied. $2.800 underopplied. $17.800 overapplied. $57.200 overappiled

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