Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $242,700 and 7,700 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $244,000 and actual direct labor-hours were 5,600. The overhead for the year was: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $66,188 overapplied $67,488 underapplied Help Save & Exit Submit Multiple Choice $66,188 overapplied $67,488 underapplied $67,488 overapplied $66,188 underapplied MO The Richmond Corporation uses the weighted-average method in its process costing system. The company has only a single processing department. The company's ending work in process inventory on August 31 consisted of 21,800 units. The units in the ending work in process inventory were 100% complete with respect to materials and 60% complete with respect to labor and overhead. If the cost per equivalent unit for August was $3.70 for materials and $5.20 for labor and overhead, the total cost assigned to the ending work in process inventory was: 10 Multiple Choice $126.004 $194,020 Multiple Choice $126,004 $194,020 $148,676 $116,412