The Following Information Was Gathered for the Wesley Corporation for the Most

Multiple Choice

The following information was gathered for the Wesley Corporation for the most recent year. Manufacturing overhead is allocated using direct labor hours. What is the amount of overallocated or underallocated overhead for the year? (Round intermediary calculations to the nearest cent and the final answer to the nearest dollar.)

A) $145,500 overallocated
B) $145,500 underallocated
C) $79,020 underallocated
D) $79,020 overallocated