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At the beginning of the year, Green Co. estimated the following: Overhead$564,000 Direct labor hours 120,000 hours Green applies overhead on the basis of direct

At the beginning of the year, Green Co. estimated the following:

Overhead$564,000

Direct labor hours 120,000 hours

Green applies overhead on the basis of direct labor hours.

By the end of the year, Green showed for the following actual amounts:

Overhead $510,000

Direct labor hours108,000 hours

At the end of the year, what is the amount of the over- or under-applied overhead?

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