The Winchester Company estimates that its overhead costs will amount to $480,600 and the company's manufacturing employees will work 89,000 direct labor hours during the current year. If actual overhead costs for the year amounted to $524,000 and actual labor hours amounted to 94,000, then overhead would be: Multiple Choice overapplied by $16,400. underopplied by $16,400. overapplied by $43.400 underopplied by $43.400. ORE 36F