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Kearney Company computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. Kearney estimated $302,400 of total manufacturing overhead cost for

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Kearney Company computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. Kearney estimated $302,400 of total manufacturing overhead cost for an estimate activity level of 12,000 direct labor hours. The company incurred actual total manufacturing overhead cost of $293,659 and 12,110 total direct labor-hours during the period. Compute under- or over-applied overhead for the period.

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