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Smyth, Inc., uses the following overhead rate for a single unit of its product: $3/per direct labor hour. Actual data for the month show overhead

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Smyth, Inc., uses the following overhead rate for a single unit of its product: $3/per direct labor hour. Actual data for the month show overhead costs of $150,000 and 48,000 hours used. The difference between actual overhead and applied overhead is: $54,000 overapplied $6,000 overapplied $54,000 underapplied $6,000 underapplied

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