em (Academic) cial Accounting || fall20 Underapplied overhead exists when the amount of overhead applied to jobs during the period is Select one: O a. More than the actual direct manufacturing costs incurred during the period. O b. Less than the actual direct manufacturing costs incurred during the period. O c. Equal to the total amount of overhead actually incurred during the period. O d. Less than the total amount of overhead actually incurred during the period. O e. More than the total amount of overhead actually incurred during the period