TB MC Qu. 4-42 ABC Company listed the following data for ... ABC Company listed the following data for the current year: Budgeted factory overhead Budgeted direct labor hours Budgeted machine hours Actual factory overhead Actual labor hours Actual machine hours $1,048,800 69,000 20,000 1,037,600 72,000 19,500 If overhead is applied based on direct labor hours, the overapplied/underapplied overhead is: Multiple Choice $20,800 overapplied SO $20,800 underapplied. $56.800 overapplied. $56,800 underapplied