3. CDE Manufacturing uses a predetermined overhead rate of $10.00 per direct labor-hour. The company actually incurred $20,000 of manufacturing overhead and 2,050 direct labor-hours during the period. Determine the amount of underapplied or overapplied manufacturing overhead for the period. ( 8 points) A. Manufacturing overhead underapplied 5500 B. Manufacturing overhead underapplied $50 C. Manufacturing overhead overapplied $50 D. Manufacturing overhead overapplied $500 4. The CDE Company uses a job-order costing system. The following transactions occurred in October: Depreciation recorded on factory equipment, $355,000. (8 points) A. Accumulated depreciation 355,000 Manufacturing overhead 355,000 B. Manufacturing overhead 355,000 Accumulated depreciation 355,000 C. Depreciation expense 355,000 Accumulated depreciation 355,000 D. Manufacturing overhead 355,000 Depreciation expense 355,000