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Overhead overapplied or underapplied

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If estimated annual factory overhead is $480,000, estimated annual direct labor hours are 200,000, actual March factory overhead is $41,000, and actual March direct labor hours are 17,000, then overhead is:

$800 overapplied.
$200 overapplied.
$800 underapplied.
$200 underapplied.
$1,000 underapplied

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The response discusses and compute the Overhead overapplied or underapplied.

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If estimated annual factory overhead is $480,000, estimated annual direct labor hours are 200,000, actual March factory overhead is $41,000, and ...

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