The following Information is available for Lock-Tite Company, which produces special-order security products and uses a Job order costing system.

The following information is available for Lock-Tite Company, which produces special-order security products and uses a jot costing system April 30 May 31 $ $47,000 11,090 67,000 60,000 22,900 43,600 218,000 361,000 Inventories Raw materials Work in process Finished goods Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead Indirect materials Indirect labor Other overhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cost 23,000 88,000 128,000 1,480,000 sex Determine whether there is over or underapplied overhead