mark corporation estimates its manufacturing overhead to be $110,000 and its direct labor costs to be $220,000 for Year 1. The actual direct labor costs for the year include: JOB 301 $60,000 JOB 302 $82,000 JOB 303 $98,000 The actual manufacturing overhead was $121,000. Manufacturing overhead is applied to jobs on the basis of direct labor costs by using predetermined rates. What was the over- or underapplied manufacturing overhead for Year 1? A. $11,000 OVERAPPLIED B. $11,000 UNDERAPPLIED C. 1,000 OVERAPPLIED D. $1,000 UNDERAPPLIED