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27. Manufacturing overhead was estimated to be $418,000 for the year along withan estimated 19,000 direct labor hours. Actual manufacturing overhead was $440,000, and actualdirect

27. Manufacturing overhead was estimated to be $418,000 for the year along withan estimated 19,000 direct labor hours. Actual manufacturing overhead was $440,000, and actualdirect labor hours were 20,800. Which of the following would be correct?

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  • Overhead is underapplied by $17,600.
  • Overhead is underapplied by $22,000.
  • Overhead is overapplied by $17,600.
  • Overhead is overapplied by $22,000.

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