The Sanderson Sisters uses a standard cost system in which manufacturing overhead is applied on the basis of standard direct laborhours. Each unit requires 0.5 standard hours of direct labor for completion. The denominator activity for the year was based on budgeted production of 100,000 units. Total overhead was budgeted at \\( \\$ 337,500 \\) for the year, and the fixed manufacturing overhead rate was \\( \\$ 0.75 \\) per direct labor-hour. The actual data pertaining to the manufacturing overhead for the year are presented below: The Sanderson Sisters' fixed overhead over/under allocation is: \\( \\$ 12,500 \\) underallocated \\( \\$ 7,500 \\) overallocated \\( \\$ 8,000 \\) overallocated \\( \\$ 5,000 \\) underallocated