Harold Corp uses the job order costing system. Factory overhead is applied to jobs on the basis of direct labor cost. The following estimates are made at the beginning of the year: Fabricating Machining Assembly Total Direct Labor 600,000 300,000 900,000 1,800,000 Fcatory overhead 1,050,000 1,200,000 270,000 2,520,000 The following are the cost required by each department. Fabricating Machining Assembly 9,000 4,200 8,400 18,600 Direct Materials Direct Labor Factory overhead ? 600 1,500 ? ? Total 13,800 28,500 ? At the end of the year, the following are the actual cost data relating to all jobs processed during the year: Fabricating Machining Assembly Total 570,000 48,000 342,000 630,000 Direct Materials Direct Labor Factory overhead Required: Compute the over or under-applied factory overhead for the year (1) assuming the plant wide overhead rate is used (2) assuming the departmental overhead rates are used. 1,080,000 324,000 786,000 1,260,000 252,000 960,000 1,740,000 2,592,000