Question 8 Not yet answered Marked out of 1 Flag question Home Goods absorbs overhead to jobs on the basis of direct labour at the rate of 80% of direct labour. Home Goods records revealed the following data for 2020: . Direct labour $125,625 Direct material $116,945 Actual overhead $113,030 The amount of over or under absorption for the year is: Select one: O a. over absorbed by $12,530.00 O b. under absorbed by $12,530.00 Oc. under absorbed by $19,474.00 O d. over absorbed by $19,474.00