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 $$240,300$ and $5,300$ estimated direct labor$-$hours. Actual manufacturing overhead for the year amounted to $$242,400$ and actual direct labor$-$hours were $4,800.$

The overhead for the year was: $($Round your intermediate calculations to $2$ decimal places.$)$

Multiple Choice

$$22,668$ overapplied

$$22,668$ underapplied

$$24,768$ overapplied

$$24,768$ underapplied