A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that total factory overhead costs would be $371,312 and direct labor hours would be 46,414. Actual factory overhead costs incurred were $395,059, and actual direct labor hours were 51,440. What is the amount of old o underapplied manufacturing overhead at the end of the year? Oa. $16,461 underapplied Ob. $411,520 overapplied Oc. $16.461 overapplied Od. $40,208 underapplied