Larned Corporation recorded the following transactions for the just completed month.
a.$71,000 in raw materials were requisitioned for use in production. Of this amount, $62,000 was for direct materials and the remainder was for indirect materials.
b.Total labor wages of $112,000 were incurred. Of this amount, $101,000 was for direct labor and the remainder was for indirect labor.
c. Additional actual manufacturing overhead costs of $175,000 were incurred.
d. A total of $188,000 in manufacturing overhead was applied to jobs.
Required: Determine the underapplied or overapplied overhead for the month