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Sam Manufacturing Company uses a predetermined overhead rate based on direct labor hours to apply manufacturing overhead to jobs. Last year, the company worked 56000

Sam Manufacturing Company uses a predetermined overhead rate based on direct labor hours to apply manufacturing overhead to jobs. Last year, the company worked 56000 actual direct labor hours and incurred $325000 of actual manufacturing overhead cost. The company had estimated that it would work 63000 direct labor hours during the year and incur $330000 of manufacturing overhead costs. How much was the company's manufacturing overhead overapplied or underapplied for the year?

Answer as positive if over-applied and negative if under-applied.

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