Bayest Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year, the Corporation worked 60,250 actual direct labor-hours and incurred $522,000 of actual manufacturing overhead cost. The Corporation had estimated that it would work 61,700 direct labor-hours during the year and incur $444,240 of manufacturing overhead cost. The Corporation's manufacturing overhead cost for the year was Multiple Choice underapplied by $88,200 overapplied by $88,200 overapplied by $77,760 underapplied by $77,760