ABC applies manufacturing overhead to products on the basis of direct labour hours. Estimated manufacturing overhead for the period was $1,000,000 and estimated direct labour hours was 200,000 hours. Actual manufacturing overhead was $800,000 and actual direct labour hours were 200,000 hours. The manufacturing overhead was Select one: neither underapplied nor overapplied O none of these underapplied by $200,000 overapplied by $200,000 o