! Required information Exercise 13-18 (Static) Manufacturing overhead-over/underapplied LO 5, 6 [The following information applies to the questions displayed below.] Creative Lighting Inc. makes specialty table lamps. Manufacturing overhead is applied to production on a direct labor hours basis. During June, the first month of the company's fiscal year, $110,880 of manufacturing overhead was applied to Work in Process Inventory using the predetermined overhead application rate of $12 per direct labor hour. Exercise 13-18 (Static) Part b b. Actual manufacturing overhead costs incurred during June totaled $106,680. Calculate the amount of over- or underapplied overhead for June. Actual overhead incurred Overhead applied Overapplied overhead 4,200