Coronado Company manufactures a line of lightweight running shoes. CEO Mark Coronado estimated that the company would incur $3,046,530 in manufacturing overhead during the coming year. When Coronado Company uses direct labor hours as its manufacturing overhead application base, predetermined overhead rate is $12.91/DLH and when it uses machine hours as its manufacturing overhead application base, predetermined overhead rate is $5.87/MH. Additionally, he estimated the company would operate at a level requiring 235,982 direct labor hours and 519,000 machine hours. At the end of the year, Coronado Company had worked 210,000 direct labor hours, used 357,000 machine hours, and incurred $2,527,000 in manufacturing overhead. X Your answer is incorrect. If Coronado Company used direct labor hours as its manufacturing overhead application base, how much overhead was applied to jobs during the year? $ 3046527.62 Overhead applied Using direct labor hours as the application base, was manufacturing overhead under-or overapplied for the year? By how much? Manufacturing overhead overapplied v by $ 519530 e Textbook and Media X Your answer is incorrect. If Coronado Company used machine hours as its manufacturing overhead application base, how much overhead was applied to jobs during the year? $ 4608870 Overhead applied Using machine hours as the application base, was manufacturing overhead under-or overapplied for the year? By how much? Manufacturing overhead underapplied by $ 2081870 e Textbook and Media