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Minstrel Manufacturing uses a job order costing system. During the month, Minstrel purchased $ 2 0 3 , 0 0 0 of raw materials on
Minstrel Manufacturing uses a job order costing system. During the month, Minstrel purchased $ of raw materials on credit; issued materials to production of $ of which $ were indirect. Minstrel incurred a factory payroll of $ of which $ was indirect labor. Minstrel uses a predetermined overhead application rate of of direct labor cost. If Minstrel incurred total overhead costs of $ during the month, compute the amount of under or overapplied overhead:
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