Morrls Company applies overhead based on direct labor costs. For the current year, Morris Company estimated total overhead costs to be $400,000, and direct labor costs to be $2,000,000. Actual overhead costs for the year totaled $380,000, and actual direct labor costs totaled $1,800,000. At year-end, Factory Overhead is: Multiple Choice Nelther overapplied nor underappled. Overapplied by $20,000. Overapplied by $40,000. Overapplied by $190,000. Underappled by $20,000