Question $16(2$ points$)$

Smithe Corporation uses direct labor$-$hours in its predetermined overhead rate.

At the beginning of the year, the estimated direct labor$-$hours were $21,940$ hours and the total estimated manufacturing overhead was $$530,948.$

At the end of the year, actual direct labor$-$hours for the year were $21,850$ hours and the actual manufacturing overhead for the year was $$530,948.$

Overhead at the end of the year was: $($Do not round intermediate calculations.$)$

$$2,178$ underapplied

$$2,228$ underapplied

$$2,178$ overapplied

$$2,228$ overapplied