Armour, Inc., an advertising agency, applies overhead to jobs on the basis of direct professional labor hours. Overhead was estimated to be $198,000, direct professional labor hours were estimated to be 22,000, and direct professional labor cost was projected to be $352,000. During the year, Armour incurred actual overhead costs of $195,000, actual direct professional labor hours of 21,500, and actual direct labor cost of $317,000. By year-end, the firm's overhead was: