Capestar Corp. produces sails for high-end sailboats. It operates under a normal costing system and allocates manufacturing overhead using direct labor costs. The following is data for 2008: Budgeted manufacturing OH cost $200,000 Budgeted direct labor costs $100,000 $185,000 $115,000 Actual manufacturing OH cost Actual direct labor costs Inventory balances on Dec. 31, 2008, were as follows, before any adjustments for under- or overapplied overhead: Direct Materials WIP FG COGS $40,000 40,000 ,000 100,000 Compute the amount of under- or overallocated overhead (Classify the numbers you calculated as either actual OHD, Allocated OHD, and under- or overallocated OHD).