Question: Reyes Corporation applies overhead using a normal costing approach based upon machine-hours. Budgeted factory overhead was $269,280 budgeted machine hours were 18,700. Actual factory overhead

Reyes Corporation applies overhead using a normal costing approach based upon machine-hours. Budgeted factory overhead was $269,280 budgeted machine hours were 18,700. Actual factory overhead was $288,920 actual machine were 19,250. How much is over or underapplied overhead?

a. $6,826 overapplied

b. $11,720 underapplied

c. $0

d. $18,546 underapplied

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