During 2019, Mayco expected Job No. 59 to cost $300,000 of overhead, $500,000 of materials, and $200,000 in labor. Mayco applied overhead based on 150% of direct labor cost. Actual production required an overhead cost of $295,000, $570,000 in materials used, and $170,000 in labor. All of the goods were completed. How much is the amount of over- or underapplied overhead? $30,000 underapplied $5,000 underapplied $35,000 overapplied O $35,000 underapplied