During 2022, Bonita Manufacturing expected Job 59 to cost $300000 of overhead, $503000 of material, and $200000 in labour. Bonita applied overhead based on direct labour cost. Actual production required an overhead cost of $266000, $549000 in materials used; and $221000 in labour. All of the goods were completed. How much is the amount of over-/under-applied overhead?. $65500 under-applied $34000 over-applied $65500 over-applied $34000 under-applied