Question: During 2020, Anhover Wedding Planners applied overhead using a job-order costing system at a rate of $3.25 per direct labor hour. Estimated direct labor hours

During 2020, Anhover Wedding Planners applied overhead using a job-order costing system at a rate of $3.25 per direct labor hour. Estimated direct labor hours totaled 220,000 and estimated overhead was $715,000 for the year. Actual direct labor hours for 2020 totaled 215,000 and actual overhead was $702,000. The amount of underapplied overhead would be $3,250.

1.True

2.False

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