>> Managerial Accounting
$84,000 in raw materials were requisitioned for use in production. Of this amount, $72,000 was for direct materials and the remainder was for indirect materials. Total labor wages of $108,000 were incurred. Of this amount, $105,000 was for direct labor and the remainder was for indirect labor. Additional actual manufacturing overhead costs of $197,000 were incurred. A total of $218,000 in manufacturing overhead was applied to job. Determine the underapplied or overapplied overhead for the month.