Please answer part A. Thanks!

Question 3 Vaughn, Inc. manufactures ergonomically designed computer furniture. Vaughn uses a job order costing system. On November 30, the Work in Process Inventory consisted of the following jobs: Job No. CC723 CH291 Item Computer caddy Chair Printer stand Units 26,000 20,000 29,000 Accumulated Cost $920,000 438,000 261,000 $1,619,000 PS812 On November 30, Vaughn's Raw Materials Inventory account totaled $692,000, and its Finished Goods Inventory totaled $3,495,400. Vaughn applies manufacturing overhead on the basis of machine hours. The company's manufacturing overhead budget for the year totaled $4,700,000, and the company planned to use 940,000 machine hours during the year. Through the first eleven months of the year, the company used a total of 833,000 machine hours, total manufacturing overhead amounted to $4,294,500, and Cost of Goods Sold was $4,274,500. Vaughn purchased $8,790,250 in raw materials in December and incurred the following costs for jobs in process that month: Job No. CC723 CH291 PS812 Materials Issued $165,000 $13,800 $222,000 $259,000 Machine Hours 19,000 4,600 19,900 19,000 Direct Labor Direct Labor Hours Cost 12,900 $128,400 4,000 $46,200 16,300 $213,500 16,500 $145,000 DS444 The following jobs were completed in December and transferred to the Finished Goods Inventory: Job No. CC723 Item Units Computer caddy 26,000 Chair 20,000 Desk 9,000 CH291 DS444 Assume that Vaughn sold 16,000 computer caddies, 12,700 chairs, and 4,600 desks in December. (a) Vaughn incurred $395,000 in manufacturing overhead in December. Given that expenditure, was manufacturing overhead under- or overapplied for the year? By how much? V Overhead by $