First question:

Second question:

Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $243,000 and 8,000 estimated direct labor- hours. Actual manufacturing overhead for the year amounted to $244,200 and actual direct labor-hours were 5,700 The overhead for the year was: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $70,920 overapplied $69,720 overapplied $70,920 underapplied $69,720 underapplied