A company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year, the company worked 60,000 actual direct labor-hours and incurred $512,000 of actual manufacturing overhead cost. The company had estimated that it would work 61,600 direct labor-hours during the year and incur $437,360 of manufacturing overhead cost. The company's manufacturing overhead cost for the year was: (Round your intermediate calculations to 2 decimal places.) Multiple Choice underapplied by $86,000 overapplied by $74,640 underapplied by $74,640 o overapplied by $86,000