Randall Company manufactures products to customer specifications. A job costing system is used to accumulate production costs factory overhead cost was applied at 125% of direct labor cost Selected data concerning the past year's operation of the company are presented below.

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The amount of underapplied or overapplied overhead is: (SHOW YOUR COMPUTATIONS.)

1) $60,000 underapplied

2) $0

3) $10,000 overapplied

4) $10,000 underapplied

5) $60,000 overapplied

9 Randall Company manufactures products to customer Specifications. Ajob costing system is used to accumulate production costs Factory overhead cost was applied at 125% of direct labor cost Selected data concerning the past year's operation of the comary are presented below. Direct materiale Work in process Finished goods Jan December 31 $ 77,000 5 40,000 66,000 42,000 115,000 100.000 Other information Direct materials purchases 5 324.000 Cost of goods waliable for sale 950,000 Actual factory overhead costs 260,000 The amount of underacled or overapplied overhead is (SHOW YOUR COMPUTATIONS) (Sport) OD $60,000 underappled 2) 50 03) $19000 overappled 4) $10000 underapplied 0 $60000 overcplied