A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $285,334 and direct labor hours would be 40,762. Actual factory overhead costs incurred were $363,747, and actual direct labor hours were 54,129. What is the amount of overapplied or underapplied manufacturing overhead at the end of the year? Oa. 5378,903 overapplied Ob. $15,156 underapplied Oc. $93,569 underapplied Od. $15,156 overapplied