Q51-4 The following cost data relate to the manufacturing activities of Brown Company during the just-completed year: Direct labour cost $54,620 Depreciation, factory $28,654 Insurance, factory $9,632 Utilities, factory $7,129 Indirect labour $13,426 Raw materials, beginning inventory $11,378 Raw materials, ending inventory $8,348 Raw materials Purchase $43,759 $4,963 Property taxes, factory Work in process, beginning inventory Work in process, ending inventory $8,642 $11,673 POHR $6.50 Total machine-hours recorded for the year: 10,486 The company uses a predetermined overhead rate to apply overhead cost to production. All raw materials were direct materials, no indirect material used. Required: Compute the amount of under-applied or over-applied overhead cost for the year. Round your answer to the nearest dollar