Question 35 5 pts Chapter 3: Dexter Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Data concerning Dexter's manufacturing operations for 2016 is as follows: Actual direct labor hours: 57,000 -Actual manufacturing overhead cost incurred: $345.000 -Estimated direct labor hours: 55,000 Estimated manufacturing overhead cost: $330.000 Dexter's manufacturing overhead cost for the year was: O Overapplied by $15,000 O Underapplied by $15,000 O Underapplied by $3,000 O Overapplied by $3.000