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Everbuilt Company had no jobs in progress at the beginning ofJune and no beginning inventories. It started only two jobs duringJune—Job L and Job W. Job L was completed and sold by the end ofJune and Job W was incomplete at the end of June. The company usesa plantwide predetermined overhead rate based on directlabor-hours. The following additional information is available forthe company as a whole and for Jobs L and W (all data and questionsrelate to the month of June):

Estimated total fixed manufacturing overhead. . . . . . . . . .. . . . . . . . . . . . . . . .       $30,000

Estimated variable manufacturing overhead per

direct labor-hour. . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . $3.00

Estimated total direct labor hours to be worked. . . . . . . . .. . . . . . . . . . . . . . . .       6,000

Total actual manufacturing overhead costs incurred. . . . . . .. . . . . . . . . . . . . .        $47,500

Job L           Job W

Direct materials. . . . . . . . . . . . . . . . . . . . . .$39,000          $24,000

Direct labor cost. . . . . . . . . . . . . . . . . . . . . .$62,000          $22,500

Actual direct labor hours worked. . . . . . . .   4,200           1,500

What is the amount of underapplied or overapplied overhead?

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