15 Moizahn Corporation overapplied or underapplied overhead to Cost of Goods Sold at the end of the year. The company has supplied the following data for the just completed year s a manufacturer that uses job-order costing The company closes out any Estimated total manufacturing overhead at the beginning of the year Estimated direct labor-hours at the beginning of the year $481,250 35,000 direct labor-hours Results of operations Actual direct labor-hours 40,000 direct labor-hours Indirect labor cost Other manufacturing overhead costs incurred $179,000 $465,000 Manufacturing overhead is overapplied or underapplied by A) 3165000 Overapplied B) 394,000 Underapplied C) $165.000 Underapplied D) 594,000 Overapplied