Carera Corporation uses a predetermined overhead rate of $23.70 per direct labour-hour. This predetermined rate was based on 13,700 estimated direct labour-hours and $324,690 of estimated total manufacturing overhead.

The company incurred actual total manufacturing overhead costs of $309,260 and 14,300 total direct labour-hours during the period.

Required:

Determine the amount of manufacturing overhead applied to units of product during the period as well as the amount of over- or underapplied overhead for the period.