During 2020, Concord Manufacturing expected Job 59 to cost $286000 of overhead, $500000 of material, and $200000 in labour. Concord applied overhead based on direct labour cost. Actual production required an overhead cost of $273000, $555000 in materials used; and $236000 in labour. All of the goods were completed. How much is the amount of over-/under-applied overhead?

$64480 under-applied

$64480 over-applied

$13000 under-applied

$13000 over-applied