Normal annual capacity for Wicky Co. is 48,000 units, with production rates being level throughout the year. The October budget shows fixed factory overhead of P1,440 and an estimated variable factory overhead rate of P2.10 per unit. During October, actual output was 4,100 units, with a total actual factory overhead of P9,000.

Required: Calculate the over-or underapplied factory overhead for October.

Yoke Manufacturing Co. was totally destroyed by fire during June. However, the following cost data were recovered : actual direct labor cost, P8,117; actual direct material cost, P16,550; and actual factory overhead cost, P14,134; predetermined factory overhead rate, 200% of direct labor cost.

Required: Calculate the amount of over- or underapplied factory overhead.