Sanchez Consulting applies overhead to consulting projects based on the direct labor hours charged by employees to each job. Selected data for the firm follow: Budgeted overhead for the year.... Budgeted direct labor cost for the year (@ $25/hour) Actual overhead for November..... Actual direct labor cost for November (1,100 hours) What is the amount of over- or underapplied overhead for the month of November? c. $1,200 underapplied d. $1,200 overapplied a. $1,000 underapplied b. $1,000 overapplied $150,000 375,000 10,000 28,000

Sanchez Consulting applies overhead to consulting projects based on the direct labor hours charged by employees to each job. Selected data for the firm follow: What is the amount of over- or underapplied overhead for the month of November? a. $1,000 underapplied c. $1,200 underapplied b. $1,000 overapplied d. $1,200 overapplied Sanchez Consulting applies overhead to consulting projects based on the direct labor hours charged by employees to each job. Selected data for the firm follow: What is the amount of over- or underapplied overhead for the month of November? a. $1,000 underapplied c. $1,200 underapplied b. $1,000 overapplied d. $1,200 overapplied