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 $360,000 and direct labor hours would be 45,000. Actual factory overhead costs incurred were $377,200, and actual direct labor hours were 46,000. What is the amount of overapplied or underapplied manufacturing overhead at the end of the year? $9,200 underapplied. O $9,200 overapplied. O $17,000 underapplied. O $17,000 overapplied