QUESTION 14 At the beginning of the year, Yamma Corp. determined its POHR would be based on direct labor hours with a total estimated overhead of $6,000,000 and estimated total direct labor hours of 20,000. Actual overhead for the year was $6420,000 with 20,400 actual direct labor hours incurred. The direct material dollars were less than expected at a total of $45,300 for the year. By what amount was overhead under or overapplied for the year? $420,000 underapplied $300,000 underapplied 545,300 underapplied. $1,400 underapplied. QUESTION 15 The overhead cost applied to a job during a period is recorded with a credit to Manufacturing Overhead and a debit to: Indirect Labor Finished Goods Inventory Jobs Overhead Expense. Work in Process Inventory Cost of Goods Sold