A business allocates overheads using direct labour hours. The information below is given. Budgeted labour hours: 6600 hours. Actual labour hours: 7100 hours. Budgeted overheads: $75 900. Actual overheads: $74 250. What is the amount of overheads over or under absorbed?
- A$5625 over
- B$5625 under
- C$7400 over
- D$7400 under