Owl Corp has the following data for October: Direct Materials Cost $65,000 Direct Labor Hours 15,000 Direct labor cost $60,000 Actual Manufacturing Overhead $90,000 Machine Hours 7,500 Manufacturing overhead is applied at the rate of $5.80 per direct labor hour. Manufacturing overhead for October is: Group of answer choices $3,000 overapplied $3,000 underapplied $2,000 overapplied $87,000 overapplied

Owl Corp has the following data for October:

Direct Materials Cost	$65,000
Direct Labor Hours	15,000
Direct labor cost	$60,000
Actual Manufacturing Overhead	$90,000
Machine Hours	7,500

Manufacturing overhead is applied at the rate of $5.80 per direct labor hour. Manufacturing overhead for October is:

Group of answer choices

$3,000 overapplied

$3,000 underapplied

$2,000 overapplied

$87,000 overapplied