During 2022, Wildhorse Company incurred the following direct labor costs: January $24,400 and February $36,600. Wildhorse uses a predetermined overhead rate of 120% of direct labor cost. Estimated overhead for the 2 months, respectively, totaled $23,790 and $43.554, Actual overhead for the 2 monthi, respectively, totaled $30,500 and $40,870. Cakulate overhead applied. January $ February Determine if overhed is over-or underapplied for each of the two months and the respectlve amounts February During 2022, Wildhorse Company incurred the following direct labor costs: January $24,400 and February $36,600. Wildhorse uses a predetermined overhead rate of 120% of direct labor cost. Estimated overhead for the 2 months, respectively, totaled $23,790 and $43.554, Actual overhead for the 2 monthi, respectively, totaled $30,500 and $40,870. Cakulate overhead applied. January $ February Determine if overhed is over-or underapplied for each of the two months and the respectlve amounts February