ABC Company listed the following data for the current year:

Budgeted factory overhead $ $1,044,000$

Budgeted direct labor hours $69,600$

Budgeted machine hours $24,000$

Actual factory overhead $1,037,400$

Actual labor hours $72,600$

Actual machine hours $23,600$

If overhead is applied based on machine hours, the overapplied$/$underapplied overhead is:

Multiple Choice

$$15,300$ underapplied.

$$15,300$ overapplied.

$ $0.$

$$10,800$ overapplied.

$$10,800$ underapplied.