Fairfield company applies manufacturing overhead to products at a predetermined rate of $58 per direct labor hour. Its actual manufacturing costs for the most recent period are summarized here:

Item	Description		Total Cost
Direct materials	Used on Jobs 101 and 102		$ 94,000
Indirect materials	Used on multiple jobs		34,000
Hourly labor wages	750 hours @ $38 per hour
	200 hours for Job 101 =	$ 7,600
	300 hours for Job 102 =	11,400
	250 hours for Job 103 =	9,500	28,500
Factory supervision			4,800
Production engineer			8,800
Factory janitorial work			3,300
Selling, general, and administrative salaries			9,800
Other manufacturing overhead costs (factory rent, insurance, depreciation, Et cetera.)			8,300
Other selling, general, and administrative costs (office rent, insurance, depreciation, etc.)			6,800

Required:

1. Post the preceding information to Fairfield Companys Manufacturing Overhead T-account.
2. Compute over- or underapplied manufacturing overhead.