A Lot of Wine Company listed the following data for the current year:

if overhead is applied based on direct labor hours, the overapplied/underapplied overhead is over or under applied and by how much?

Budgeted factory overhead Budgeted direct labor hours Budgeted machine hours Actual factory overhead Actual labor hours Actual machine hours $1,194,000 69,800 24,500 1,187,400 72,600 23,900