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 $320,817 and direct labor hours would be 45,831. Actual factory overhead costs incurred were $346,698, and actual direct labor hours were 51,592. What is the amount of overapplied or underapplied manufacturing overhead at the end of the year? a. $361,144 overapplied b. $14,446 overapplied C. $40,327 underapplied d. $14,446 underapplied During April, Cavy Company incurred factory overhead as follows: $11,800 Indirect materials Factory supervision labor Utilities Depreciation (factory) 3,400 460 690 Small tools 200 Equipment rental 780 Journalize the entry to record the factory overhead incurred during April. If an amount box does not require an entry, leave it blank. Factory Overhead Materials Wages Payable Utilities Payable Accumulated Depreciation Small Tools Equipment Rental Payable