A normal costing system is adopted by Gold Road Resources Ltd. The following data are available for 2020: Direct materials purchased on account Direct materials requisitioned Direct labor cost incurred $250,000 64,000 115,000 Indirect labour cost incurred Cost of goods completed Cost of goods sold 136,000 248,000 298,000 Beginning direct materials inventory Beginning WIP inventory Beginning finished goods inventory Overhead allocation rate, as a percent of direct-labor costs 30,000 79,000 61,000 130 percent For 2020. calculate the amount of under- or over-allocated manufacturing overhead. Show all workings and clearly label whether the amount is 'under-allocated' or 'over-allocated