Larned Corporation recorded the following transactions for the just completed month.
a. $72,000 in raw materials were requisitioned for use in production. Of this amount, $62,300 was for direct materials and the remainder was for indirect materials.
b. Total labor wages of $113,900 were incurred. Of this amount, $100,500 was for direct labor and the remainder was for indirect labor.
c. Additional manufacturing overhead costs of $175,600 were incurred.
d. A total of $188,000 in manufacturing overhead was applied to jobs.
1. Determine the underapplied or overapplied overhead for the month.