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Your Company employs a job-order costing system. Its predetermined overhead rate is $4 per machine hours (MH). Job 127 was entered into production on April 1 and completed on May 12. The company's cost records show the following information on the job: Machine-hours 75 Direct labor-hours 140 Direct materials cost $2,000 Direct labor cost $1,100 What was the total cost for Job 127? Your Company employs a job-order costing system. Its predetermined overhead rate is $4 per machine hours (MH). At the end of the year Your Company had the following actual cost and operating data for all jobs worked on during the year: Machine-hours.......... 225,000 Direct labor-hours........... 185.000 Direct labor cost......... $ 500,000 Manufacturing overhead cost $ 960,000 By how much was overhead under or over applied for the year