During 2019, Bonita Industries expected Job no. 59 to cost $600000 of overhead, $470000 of materials, and $400000 in labor. Bonita applied overhead based on direct labor cost. Actual production required an overhead cost of $265000, $540000 in materials used, and $190000 in labor. All of the goods were completed. How much is the amount of over- or underapplied overhead?

$335000 overapplied

$20000 overapplied

$20000 underapplied

$335000 underapplied