Acrasia LLC$\text{'}$s budgeted manufacturing overhead costs totaled $$2,844,400$ for the year ended $2023.$ At the end $2023,$ manufacturing overhead had been underapplied by $$10,310.$ No product was sold during the year. As a result:

Group of answer choices

Inventory was understated by $$10,310$

Inventory was overstated by $$10,310$

Cost of goods sold was understated by $$5,155$

None of these answers are correct.