Question: can you please provide formulas and steps to explain how you solved this. thank you! A company estimated 103,459 direct labor hours and $853,982 in

can you please provide formulas and steps to explain how you solved this. thank you!

A company estimated 103,459 direct labor hours and $853,982 in overhead. The actual overhead was $850,801, and there were 115,271 direct labor hours. How much is overhead under- or over- applied? Round to the nearest penny, two decimal places. Enter an overapplied overhead as a negative amount. For example, if it is overapplied by 500.00, the input would be -500.00 do not use parenthesis

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