The following accounts are from last year's books at Sharp Manufacturing: 513,200 Bal (a) Raw Materials (b) 166,000 11,200 154,800 Bal (b) (c) (e) Work In Process (f) 132,400 168,800 212,000 3 Manufacturing Overhead 22,400(e) 26,400 156,800 Bal (f) Finished Goods (9) 513,200 49,200 212,000 464,000 (b) (c) (d) 6,400 Cost of Goods Sold 464,000 (g) Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the manufacturing overhead overapplied or underapplied for the year? Multiple Choice $6,400 underapplied $6,400 overapplied $26,400 underapplied $26.400 overapplied