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The following information is available from the Terry Company: Actual total factory overhead cost incurred $ 37,000 Actual fixed overhead cost incurred $ 11,000 Budgeted

The following information is available from the Terry Company: Actual total factory overhead cost incurred $ 37,000 Actual fixed overhead cost incurred $ 11,000 Budgeted fixed overhead expenses $ 17,000 Actual direct labor hours (DLH) worked 6,800 Standard DLHs for this periods production (output) 3,600 Standard variable overhead rate per DLH $ 3.00 Standard fixed overhead rate per DLH $ 2.50 The total under or overapplied overhead for Terry Company for the period, to the nearest dollar, is:

a. $15,000 overapplied.

b. $15,000 underapplied.

c. $16,800 underapplied.

d. $17,200 overapplied.

e. $17,200 underapplied.

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