The following accounts are from last year's books at Sharp Manufacturing: Bal (a) Raw Materials 0 (b) 168,500 12,700 155,800 517,200 Bal (b) (c) (e) Work In Process 0 (f) 132,900 169,800 214,500 0 Manufacturing Overhead 22,900(e) 26,900 157,800 Bal (f) Finished Goods 0(g) 517,200 48,200 469,000 (b) 214,500 (c) (d) 6,900 (g) Cost of Goods Sold 469,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the manufacturing overapplied or underapplied for the year? Multiple Choice Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the manufacturing overapplied or underapplied for the year? Multiple Choice $26,900 overapplied $26,900 underapplied $6.900 overapplied $6,900 underapplied