The Records of Family Manufacturing Show the Following Information The Amount of Overapplied or Underapplied Overhead Is
A)$10,000 Underapplied

Multiple Choice

The records of Family Manufacturing show the following information: $\begin{array}{lr}\text { Estimated manufacturing overhead } & \$ 690,000 \\\text { Estimated machine hours } & 46,000 \\\text { Actual machine hours worked } & 50,000\\\\\text { Actual costs incurred: } & \\\text { Indirect materials } & \$ 170,000 \\\text { Indirect labor } & 230,000 \\\text { Utilities } & 120,000 \\\text { Insurance } & 100,000 \\\text { Rent } & 80,000\end{array}$
The amount of overapplied or underapplied overhead is

A) $10,000 underapplied.
B) $50,000 overapplied.
C) $60,000 overapplied.
D) $65,200 underapplied.