XYZ Company applies overhead to jobs usingdirect labor costas an activity.

For thecurrent year, XYZ's estimated overhead was $500,000 while the actual

overhead cost totaled $510,000. XYZ's estimated direct labor cost for the year

was $250,000 and the actual directlabor cost amounted to $265,000. For the

current year,overhead was:

Group of answer choices

under-applied by $10,000

under-applied by $15,000

under-applied by $20,000

under-applied by $25,000

over-applied by $10,000

over-applied by $15,000

over-applied by $20,000

over-applied by $25,000

none of the above are correct