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33. Collins Corporation uses a predetermined overhead rate based on direct labor cost to apply manufacturing overhead to jobs. The following information applies to the year. Corporation for the current Direct labor-hours: Estimated for the year 24,000 Actual hours worked 19,500 Direct labor cost: Estimated for the year Actual cost incurred Manufacturing overhead Estimated for the yoar Actual cost incured 300,000 $210,000 $240,000 $185 The manufacturing overhead cost for the current year will be: A. $17,000 overapplied B. $17,000 underapplied C. $55,000 overapplied D. $55,000 underapplied 34. At the beginning of the year, manufacturing overhead for the year was estimated to be $477,590. At the end of the year, actual direct labor-hours for the year were 29,000 hours, the actual manufacturing overhead for the year was $472,590, and manufacturing overhead for the year was overapplied by $110. If the predetermined overhead rate is based on direct labor-hours, then the estimated direct labor-hours at the beginning of the year used in the predetermined overhead rate must have been: A. 29,300 direct labor-hours B. 28,987 direct labor-hours C. 28,993 direct labor-hours D. 29,000 direct labor-hours 17