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 $247,010 and direct labor hours would be 49,402. Actual factory overhead costs incurred were $256,954, and actual direct labor hours were 53,532. What is the amount of overapplied or underapplied manufacturing overhead at the end of the year? Oa. $20,650 underapplied Ob. $10,706 overapplied Oc. $10,706 underapplied Od. $267,660 overapplied