Manufacturing overhead applied on the basis of direct labor-hours was $120,400, while actual manufacturing overhead incurred was $124,800 for the month of April. Which of the following is always true given the statement above? C 23 00 56 18 Multiple Choice Overhead was underapplied by $4,400 Actual direct labor-hours exceeded budgeted direct labor-hours Overhead was overapplied by $4.400 Actual direct lebor-hours were less than budgeted direct labor-hours