Your Company employs a job-order costing system. The company uses predetermined overhead rates in applying manufacturing overhead cost to individual jobs. The current predetermined overhead rate (POR) is $11.25 per direct labor hour (DLH). At the end of the year, the records of Your Company revealed the following actual cost and operating data for all jobs worked on during the year:

Machine-hours................. 225,000

Direct labor-hours............ 78,000

Direct labor cost......... $ 500,000

Estimated manufacturing overhead cost $ 900,000

Actual manufacturing overhead cost $ 860,000

How much overhead was underapplied or overapplied at the end of the year?

end of the year?