11. A manufacturing company applies factory overhead cost based on a percentage of direct labor costs. On January 1, 2021, it estimated that annual factory overhead costs would be $420,000 and annual direct labor costs would be $525,000. Actual factory overhead costs incurred during June 2021 were $41,000, and actual direct labor cost for June 2021 was $49,000. Calculate the amount of over applied or under applied factory overhead cost during June 2021