Problem to Answer Osborn Manufacturing uses a predetermined overhead rate of $18.10 per direct labor hour. This predetermined overhead rate was based on a cost formula that estimated $217,200 of total manufacturing overhead for an estimated activity level of 12,000 direct labor hours. The company actually incurred $218,000 of manufacturing overhead and 11,700 direct labor hours used during the period. Calculate the underapplied or overapplied manufacturing overhead