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Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor- hours were 22,060 hours and

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Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor- hours were 22,060 hours and the total estimated manufacturing overhead was $560,324. At the end of the year, actual direct labor-hours for the year were 22,000 hours and the actual manufacturing overhead for the year was $560,324. Overhead at the end of the year was: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $1,574 overapplied O $1.574 underapplied () $1,524 underapplied C) 51524 overapplied

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