and journal entry

The following information is available for Lock-Tite Company, which produces special-order security products and uses a job order costing system. April 30 May 31 Inventories Raw materials Work in process Finished goods $44,000 10,400 64,000 $ 54,000 21,700 37,600 Activities and information for May Raw materials purchases (paid with cash) Factory payroll1 (paid with cash) Factory overhead 212,000 349,000 Indirect materials Indirect labor Other overhead costs 17,000 82,000 122,000 1,420,000 Sales (received in cash) Predetermined overhead rate based on direct labor cost 70% Determine whether there is over or underapplied overhead