The Mason Corporation budgeted overhead at $240,000 for the period for Department A based on a budgeted volume of 60,000 direct labor hours. At the end of the period, the factory overhead control account for Department A had a debit balance of $260,000: actual direct labor hours were 63,000. What was the under- or over applied factory overhead for the period? $12,000 overapplied $ 8,000 overapplied $ 8,000 underapplied $12,000 underapplied