TB MC Qu. 3-165 Baka Corporation applies manufacturing overhead ... Baka Corporation applies manufacturing overhead on the basis of direct labor- hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $244,800 and 9,80 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $245,400 and actual direct labor-hours were 6,300. The overhead for the year was: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $87,426 underapplied O $88,026 underapplied O $87,426 overapplied O $88,026 overapplied O