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The following data is provided for ABC company budgeted overhead for the year is $400,000 projected direct labor cost for the year -$100,000 eduring tstimated

The following data is provided for ABC company

budgeted overhead for the year is $400,000

projected direct labor cost for the year -$100,000

eduring tstimated machine hours for the year -20,000

estimated direct labor hours for the year -20,000

overhead is applied to product based on direct labor costs,

during the month of june the company incurred 3000 labor hours used 2500 machine hours incurred #30,000 of labor costs and $75,000 of overhead cost

calculate

a. the overhead cost

b. the amount of overhead applied in june

c, the over or underapplied overhead for june and explain what it means

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