v Question Completion Status: QUESTION 1 Challis C Goods Sold at the end of the year. The company has supplied the following data for the just completed year on is a manufacturer that uses job-order costing. The company closes out any overapplied or underapplied overhead to Cost of csmate tn bengf 120 the year Estimated direct labor-hours at the beginning of the year Results of operations: Actual direct labor-hours Manufacturing overhead: Indirect labor cost Other manufacturing overhead costs incurred $ 179,000 s 465,000 Manufacturing overhead is overapplied or underapplied by: (Round your intermediate calculations to 2 decimal places.) $94,000 Overapplied $94,000 Underapplied $165,000 Overapplied $165,000 Underapplied