During 2022, Crane Company incurred the following direct labor costs: January $16,400 and February $24,600. Crane uses a predetermined overhead rate of 120% of direct labor cost. Estimated overhead for the 2 months, respectively, totaled $15,990 and $29,274. Actual overhead for the 2 months, respectively, totaled $20,500 and $27,470. Calculate overhead applied. January GA $ $ Determine if overhead is over- or underapplied for each of the two months and the respective amounts. February January February EA $ $ EA