9 of 10 View Policies Show Attempt History Current Attempt in Progress 2.5/10 Lee Company manufactures a line of lightweight running shoes. CEO Brian Lee estimated that the company would incur $4,620,000 in manufacturing overhead during the coming year. When Lee Company uses direct labor hours as its manufacturing overhead application base, predetermined overhead rate is $14/DLH and when it uses machine hours as its manufacturing overhead application base, predetermined overhead rate is $10.50/MH. Additionally, he estimated the company would operate at a level requiring 330,000 direct labor hours and 440,000 machine hours. At the end of the year, Lee Company had worked 325.000 direct labor hours, used 450,000 machine hours, and incurred $4,635,000 in manufacturing overhead. (a) Gj (b) Attempts: 2 of 3 used Using direct labor hours as the application base, was manufacturing overhead under- or overapplied for the year? By how much? Manufacturing overhead by $ (c) eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Ansier The parts of this question must be completed in order. This part will be available when you complete the part above