Halley Company budgets overhead at $600,000 for its milling department based on a budgeted volume of 150,000 direct labor hours. At the end of the period, the factory overhead control account for the milling department had a debit balance of $550,000; actual direct labor hours were 140,000 . After closing the applied factory overhead account, what is the balance in the factory overhead control
account?
a. $50,000 over-applied
b. $10,000 under-applied
c. $50,000 under-applied
d. $10,000 over-applied
d
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