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 $201,555 and direct labor hours would be 40,311. Actual factory overhead costs incurred were $251,933, and actual direct labor hours were 52,486. What is the amount of overapplied or underapplied manufacturing overhead at the end of the year? Oa. $10,497 overapplied Ob. $60,875 underapplied Oc. $262,430 overapplied d. $10,497 underapplied