ABC Company listed the following data for the current year:
	Budgeted factory overhead				$1,095,200
	Budgeted direct labor hours				75,800
	Budgeted machine hours				25,000
	Actual Factory overhead				$1,072,200
	Actual labor hours				74,000
	Actual machine hours				24,500
If overhead is applied based on machine hours, the overapplied/underapplied overhead is:
$3,007 underappled
$96 overapplied
$1,096 overapplied
$1,096 underappled
$2,096 overapplied