13 20:50 Manufacturing overhead was estimated to be $316,200 for the year along with 20,400 direct labor hours. Actual manufacturing overhead was $304,800, and actual direct labor hours were 20,700 Which of the following would be correct? Multiple Choice Overhead is overapplied by $16,050. Overhead is overapplied by $18,800 O Overhead is underapplied by $18,800. Overhead is underapplied by $16,050.