Question 10 of 10 Current Attempt in Progress < 0/1 E x Actual overhead must be compared to applied overhead. Determine the rate at which overhead is applied, then multiply it by the activity on which it is based to get applied overhead. Crane Company applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and labor for the year as follows: Actual manufacturing overhead $165000 Estimated manufacturing overhead $156400 Direct labor incurred 2200 hours @$20-$44000 Direct labor estimated 2300 hours @$19 $43700 How much is over- or underapplied overhead at year end? O $7500 underapplied. $6800 underapplied. $8600 overapplied. O $15400 underapplied. eTextbook and Media Assistance Used