Determining Manufacturing Costs Wagner Printing Inc. began printing operations on July 1 . Jobs 7-01 and 7-02 were completed during the month, and all costs applicable to them were recorded on the related cost sheets. Jobs 7-03 and 7-04 are still in process at the end of the month, and all applicable costs except factory overhead have been recorded on the related cost sheets. In addition to the materials and labor charged directly to the Jobs, $2,220 of indirect materials and $7,900 of indirect labor were used during the month. The cost sheets, in summary form, for the four jobs during the month are as follows: c. Factory overhead applied (a single overhead rate is used based on direct labor cost). d. Cost of completed Jobs 7-01 and 7-02. e. Assume that in addition to indirect materials and indirect labor, factory overhead of $3,800 was incurred during July. Determine the overapplied or underapplied overhead for July