A manufacturing company applies factory overhead based on direct lobor hours. At the beginning of the year, it estimated that factory overhead costs would be $232,730 and direct labor hours would be 46,346. Actual factory overhead costs incurred were $253,224, and actual direct labor hours were 52,755. What is the amount of overapplied or underapplied manufacturing overhead at the end of the year? O 526,775 verapplied Ob 532.045 underapplied De 550,551 anderapplied Stoppe