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:

a)$22,668 overapplied

b)$24,768 underapplied

c)$24,768 overapplied

d)$22,668 underapplied