Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams estimated total overhead of $380.800: materials of $414,000 and direct labor of $224,000. During the year Adams incurred $403,200 in materials costs, $398,000 in overhead costs and $228,000 in direct labor costs. Compute the amount of under-or overapplied overhead for the year. Multiple Choice $10.400 overapplied. $17.200 overapplied. $10.400 underapplied $17,200 underapplied. $5 200 underapplied