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 $357,584 and direct labor hours would be 44,698. Actual factory overhead costs incurred were $409,559, and actual direct labor hours were 53,328. What is the amount of overapplied or underapplied manufacturing overhead at the end of the year? Oa. 509040 underapplied Ob $17,065 overapplied Oc. $17,065 underapplied Od. $426,624 averapplied