Manufacturing overhead was estimated to be $220,000 for the year along with 20,000 direct labor hours. Actual manufacturing overhead was $208,000, and actual labor hours were 18,500. Which of the following would be correct? Multiple Choice Overhead is underapplied by $4,500. Overhead is overspplied by $22,000. Overhead is underapplied by $22,000. Overhead is overappled by $17,600