Question 5 3 pts Based on estimates of $400,000 in overhead costs and $500,000 in direct labor costs, Abbott Corp. uses a predetermined overhead rate of 80% of direct labor cost for 2021 ($400,000 / $500,000). Actual manufacturing costs for 2021 were $781.200 of direct materials used, $501,700 of direct labor, and $436,100 of overhead. What was the amount of over- or underapplied overhead in 2021? Enter a positive number for overapplied overhead or a negative number for underapplied overhead. Previous Not saved Submit Quiz