CALCULATOR FULL SCREEN PRINTER VERSION NEXT Exercise 4-20 Waterway Music Company makes custom marimbas and xylophones. Since much of the work on these musical instruments is done by hand, the company uses direct labor hours as its manufacturing overhead application base. The company's annual budgeted overhead costs for 72,800 direct labor hours totaled $582,400 (a) Assume that during the year, the company incurred manufacturing overhead totaling $578,000 for 72,800 direct labor hours. By how much was manufacturing overhead under or overapplied for the year? (Enter negative amount using either a negative sign preceding the number ..-45 or parentheses e.g. (45).) Overhead (b) Assume that during the year, the company incurred manufacturing overhead totaling $578,000 for 74,750 direct labor hours. By how much was manufacturing overhead under or overapplied for the year? (Enter negative amount using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Overhead (c) Assume that during the year, the company incurred manufacturing overhead totaling $597,000 for 74,750 direct labor hours. By how much was manufacturing overhead under or overapplied for the year? (Enter negative amount wing either a negative sign preceding the number . -45 or parentheses eg. (45).) Overheads overapplied Neither underapplied nor overapplied Underapplied