Question 10 A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory read.com would be $360,000 and direct labor hours would be 30.000. Actual factory overhead costs incurred were $377.200, and actual direct labor hours were 36,000. What is the amount of applied or underapplied manufacturing overhead at the end of the year? Formula: Est. FOH/Est Act, BasePOH Rate : POH Ratex Actual Activity Base Applied POH: Actual POH - Applied FOR Over or Underged O a $54,800 overapplied Ob 56,000 overapplied OC $6,000 underapplied d. 554,800 underapplied