Morris Company applies overhead based on direct labor costs. For the current year, Morris Company estimated total overhead costs to be $420,000, and direct labor costs to be $2,100,000. Actual overhead costs for the year totaled $395,000, and actual direct labor costs totaled $1,850,000. At year- end, Factory Overhead is: Multiple Choice Overapplied by $25,000 O Overapplied by $197.500, O Underopplied by $25,000 Overapplied by $50.000 O O O Nether overapoled nor underapplied