EGRW The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Great Bay Boats. The requisitions are identified by code numbers starting with the letter Q, and the time tickets start with W. At the start of the year, management estimated that overhead cost would equal 110% of direct labor cost for each job. Date 7/1 7/1 7/5 7/5 7/10 Document Amount Q-4698 $1,800 W-3393 1,150 0-4725 1.550 W-3479 1.000 W-3559 850 Determine the total cost on the job cost sheet for Job 9-1005 JOB COST SHEET: Job 9-1005 Direct Materials Direct Labor Total + Date Overhead Costs Applied Requisition No. Amount Time-Ticket No. Amount 07/01 07/05 07/10 A company applies overhead at a rate of 160% of direct labor cost. Actual overhead cost for the current period is $929.000, and direct labor cost is $545,000 Determine whether there is over- or underapplied overhead using the T-account below Factory Overhead 920.000 Actual overhead Estimated overhead Estimated overhead 929,000