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XYZ Company applies overhead to jobs using direct labor cost as an activity. For the current year, XYZ's estimated overhead was $144,000 while the actual
XYZ Company applies overhead to jobs using direct labor cost as an activity. For the current year, XYZ's estimated overhead was $144,000 while the actual overhead cost totaled $136,000. For the current year, XYZ's estimated direct labor cost was $240,000 and its actual direct labor cost amounted to $220,000. For the year, overhead was: over-applied by $6,800 over-applied by $4,000 over-applied by $8,000 under-applied by $6,800 under-applied by $4,000 under-applied by $8,000
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