During 2020, Waterway Manufacturing expected Job 59 to cost $276000 of overhead, $506000 of material, and $200000 in labour. Waterway applied overhead based on direct labour cost. Actual production required an overhead cost of $265000, $549000 in materials used; and $222000 in labour. All of the goods were completed. How much is the amount of over-/under-applied overhead? $41360 under-applied $41360 over-applied $11000 under-applied $11000 over-applied