At the beginning of this year, a manufacturer set its predetermined overhead rate using these estimates: overhead costs, $$924,500,$ and direct materials costs, $$430,000.$ Actual costs for the year are $$911,450$ for overhead and $$430,000$ for direct materials.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Required $3$

Compute the amount of under$-$ or overapplied overhead for the year.

$\backslash$table$[[,$Factory Overhead$],[,,,],[,,,],[,,,],[,,,]]$