Bakker 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 577.250 and 2.500 estimated direct labor hours. Actual manufacturing overhead for the year amounted to 579,000 and actual direct labor-hours were 2.400 The overhead for the year was $4,840 overapplied O $3.090 underapplied O $4,840 underapplied $3,090 overapplied