Beckner inc. is a job-order manufacturer. the company uses a predetermined overhead rate based on direct labor hours to apply overhead to individual jobs. for the current year, estimated direct labor hours are 153,000 and estimated factory overhead is $1,208,700. the following information is for september. job x was completed during september, while job y was started but not finished. september 1, inventories: materials $ 26,000 work-in-process (all job x) 55,400 finished goods 107,600 materials purchases $ 177,000 direct materials requisitioned: job x $ 76,000 job y 70,000 direct labor hours: job x 9,000 job y 7,500 labor costs incurred: direct labor ($8.00 per hour) $ 132,000 indirect labor 56,000 factory supervisory salaries 13,100 rental costs: factory $ 11,300 administrative offices 5,200 total equipment depreciation costs: factory $ 12,400 administrative offices 4,800 indirect materials used $ 30,700 the underapplied or overapplied overhead for september is:
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