Molzahn Corporation is a manufacturer that uses job-order costing. The company closes out any overapplied or underapplied overhead to Cost of Goods Sold at the end of the year. The company has supplied the following data for the just completed year:

Estimated total manufacturing overhead at the beginning of the year $481,250

Estimated direct labor-hours at the beginning of the year 35,000 direct labor-hours

Results of operations:

Actual direct labor-hours 40,000 direct labor-hours

Manufacturing overhead:

Indirect labor cost $ 179,000

Other manufacturing overhead costs incurred $ 465,000

Manufacturing overhead is overapplied or underapplied by: