Requirement 5:

At the end of the year, the company assembled the following actual cost data relating to all jobs worked on during the year:

	Department
	Fabricating	Machining	Assembly	Total Plant
Direct materials	$760,000	$90,000	$409,000	$1,259,000
Direct labor	$321,000	$211,000	$339,000	$871,000
Manufacturing overhead	$561,000	$831,000	$92,000	$1,484,000

a.	Compute the underapplied or overapplied overhead for the year, assuming that a plantwide overhead rate is used. (Round your answer to 2 decimal places. Input all amounts as positive values. Omit the "$" sign in your response.)

(Click to select)UnderappliedOverapplied overhead cost

$

b.	Compute the underapplied or overapplied overhead for the year, assuming that departmental overhead rates are used. (Input all amounts as positive values. Omit the "$" sign in your response.)

Fabricating	(Click to select)OverappliedUnderapplied overhead cost	$
Machining	(Click to select)OverappliedUnderapplied overhead cost	$
Assembly	(Click to select)OverappliedUnderapplied overhead cost	$
Total Plant	(Click to select)UnderappliedOverapplied overhead cost	$