Hemaining Time 56 minutes, 11 seconds Question Completion Status Moving to another question will save this response Question Question 2 10 points The following data is available for Peppa Pigled, a company that operates an absorption costing system for the month of January Estimated data for the month Manufacturing overhead 18,000 Direct labour hours 10,000 Actual data for the month Manufacturing oversead 18.500 Direct labour hours 12,000 Peppa Ltd uses a monthly predetermined overhead absorption rate based on labour hours to apply manufacturing overhead to jobs. Based on the above data, the cost estimates for January show Over applied overhead of .100 Over applied overhead of 500 Under applied overhead of ESCO 4. Under applied overhead of 3.100