A company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year, the company worked 59,250 actual direct labor-hours and incurred $482,000 of actual manufacturing overhead cost. The company had estimated that it would work 61,300 direct labor-hours during the year and incur $416,840 of manufacturing overhead cost. The company's manufacturing overhead cost for the year was: (Round your intermediate calculations to 2 decimal places.) Multiple Choice overapplied by $65,160 O overapplied by $79,100 underapplied by $65,160 underapplied by $79,100