Bayest Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year, the Corporation worked 57,750 actual direct labor-hours and incurred $422,000 of actual manufacturing overhead cost. The Corporation had estimated that it would work 60,700 direct labor-hours during the year and incur $376,340 of manufacturing overhead cost. The Corporation's manufacturing overhead cost for the year was: Multiple Choice overapplied by $63,950 underapplied by $63,950 O underapplied by $45,660 overapplied by $45,660