"Blast itl" said David Wilson, president of Teledex Company. We've just lost the bid on the Koopers job by $10,100. It seems we're either too high to get the job or too low to make any money on half the jobs we bid. Teledex Company manufactures products to customers' specifications and operates a job order costing system. Manufacturing overhead cost is applied to jobs on the basis of direct labor cost. The following estimates were made at the beginning of the year. Direct labor Manufacturing overhead Fabricating $299,000 $538,200 Department Machining Assembly $199,000 $400,000 $796,000 $96,000 Total plant $898,000 $1,430,200 Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: Direct materials Direct labor Manufacturing overhead Fabricating $11.900 $6,600 Department Machining Assembly $900 S5,700 $1,700 $13,000 Total plant $18,500 $21,300 Requirement 4: At the end of the year, the company assembled the following actual cost data relating to al jobs worked on during the year: Direct materials Direct labor Manufacturing overhead Fabricating $759,000 $321,000 $559,000 Department Machining A ssembly $90,000 $409,000 $211,000 $339,000 $829,000 $92,000 Total Plant $1,258,000 $871,000 $1,480,000 a. Compute the underapplied or overapplied overhead for the year, assuming that a plantwide overhead rate is used. (Round your answer to 2 decimal places. Input all amounts as positive values. Omit the "S" sign in your response.) Underapplied overhead cost S 95110 b. Compute the underapplied or overapplied overhead for the year, assuming that departmental overhead rates are used. (Input all amounts as positive values. Omit the "S" sign in your response.) 18800 15000 Fabricating Machining Assembly Total Plant Overapplied Overapplied Underapplied Overapplied overhead cost overhead cost overhead cost overhead cost