2. JLM Company uses a job-order costing system with a plant-wide overhead rate based on machine- hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production = 100,000 MH Manufacturing overhead cost = $650,000 During the year, Job 300 was started and completed. The following information was available with respect to this job: Direct materials used = $450 Direct labor cost = $210 Machine-hours used = 40 MH A. Compute COGM for Job 300. B. During the year, the company worked a total of 146,000 machine hours on all jobs and incurred actual manufacturing overhead costs of $912,000. What is the amount of underapplied or overapplied MOH for the year