Question 2 2.5 pts XYZ Company applies overhead to jobs using direct labor cost as an activity. For the month of June, XYZ Company estimated it would incur overhead cost of $25,000 while the actual overhead cost for June totaled $27,530 For June, XYZ Company estimated it would incur direct labor cost of $40,000 while the actual direct labor cost for June totaled $38,890. For June, overhead was: under-applied by $3,780 under-applied by $2,350 under-applied by $33,270 under-applied by $3.600 O over-applied by $3.780 over applied by $2,350 over-applied by $33,270 o o over-applied by $3,600 none of the above choices are correct