A company calculates the POHR and applies manufacturing overhead on the basis of direct labor-hours. Assume the following amounts are provided: (1) estimated total manufacturing overhead cost $100,000 (2) estimated total amount of the allocation base = 20,000 direct labor hours (3) the total direct labor hours actually worked during the period = 22,300 (4) the total manufacturing overhead actually incurred during the period is $103,000 What is the total amount of underapplied or overapplied overhead for the period? Multiple Choice $10,500 overapplied $8,500 underapplied $8,500 overapplied $10,500 underapplied