Mark Corporation estimates its manufacturing overhead to be $140,000 and its direct labor costs to be $250,000 for Year 1. The actual direct labor costs for the year include:
Job 301
$60,000
Job 302
82,000
Job 303
98,000
The actual manufacturing overhead was $136,000. Manufacturing overhead is applied to jobs on the basis of direct labor costs by using predetermined rates. What was the over- or underapplied manufacturing overhead for Year 1?