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Monty Accountant CPAs, LLC is a service firm and applies overhead based upon direct labor cost. For the year 2025 , the actual overhead cost

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Monty Accountant CPAs, LLC is a service firm and applies overhead based upon direct labor cost. For the year 2025 , the actual overhead cost incurred totaled \$65000. Monty Accountant CPAs, LLC had underapplied overhead cost $20000. The company utilized an overhead application rate of 50% of direct labor cost. What was the total direct labor cost incurred for the year? $65000$90000$22500$45000

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