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Question 4 (2.14 points) Saved Cribb Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours

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Question 4 (2.14 points) Saved Cribb Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 15,000 hours and the total estimated manufacturing overhead was $325,000. At the end of the year, actual direct labor-hours for the year were 16,700 hours and the actual manufacturing overhead for the year was $350,000. Overhead at the end of the year was: $11,833 overapplied O $11,833 underapplied $25,000 overapplied $25,000 underapplied

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