MonkeySuits, Inc., makes costumes for movies and television shows. Jay Tribini, the company's owner, prepared the following estimates for the upcoming year: Manufacturing overhead cost $660,000 Direct labor hours 30,000 Direct labor cost $299,000 Machine hours 24,700 (a) Assume that Monkeysuits applies manufacturing overhead on the basis of direct labor hours. During the year, 33,800 direct labor hours were worked. How much overhead was applied to work in process? If actual manufacturing overhead for the year was $728,200, was overhead under- or overapplied during the year? By how much?