Recall that Gabby's Gadgets had estimated $1,035,000 of MOH for the year and 62,500 DL hours, resulting in a predetermined MOH rate of $12/DL hour. By the end of the year, the company had actually incurred $975,000 of MOH costs and used a total of 60,000 DL hours on jobs. By how much had Gabby's Gadgets overallocated or under allocated MOH for the year?

Compute the under allocated or overallocated overhead. (Use parentheses or a minus sign for overallocated overhead.)

Actual MOH		Allocated MOH	=	(Over) Under Allocated
	-		=