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A company has the following information. Allocation base direct labor hours Estimated total manufacturing overhead $812,800 Estimated direct labor hours 50,800 Actual manufacturing overhead $784,800

A company has the following information.

Allocation base direct labor hours
Estimated total manufacturing overhead $812,800
Estimated direct labor hours 50,800
Actual manufacturing overhead $784,800
Actual direct labor hours 47,600

Required:

Calculate how much manufacturing overhead will be applied to production.

Is overhead over- or underapplied? By how much?

What account should be adjusted for over- or underapplied overhead?

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