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 $243,300 and 8,300 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $244,400 and actual direct labor-hours were 5,800.

The overhead for the year was:

(Round your intermediate calculations to 2 decimal places.)

• A. $74,402 overapplied

• B. $74,402 underapplied

• C. $73,302 overapplied

• D. $73,302 underapplied