Assume the following: 1. Estimated total manufacturing overhead cost = ! 2. Estimated total amount of the allocation base = 20,000 direct labor hours 3. The total direct labor hours actually worked during the period=22,700 4. The total manufacturing overhead actually incurred during the period is $103,000. What is the total amount of underapplied or overapplied overhead for the period? Multiple Choice $12,500 overapplied $10,500 underapplied = $100,000 $10,500 overapplied Prev 5 of 5 www