Armour, Inc. an advertising agency, applies overhead to jobs on the basis of direct professional labor hours. Overhead was estimated to be $207.000, direct professional labor hours were estimated to be 23.000, and direct professional labor cost was projected to be $414,000. During the year. Armour incurred actual overhead costs of $203.700, actual direct professional labor hours of 22.500, and actual direct labor cost of $302.000. By year-end, the firm's overhead was Multiple Choice $1200 underapplied $1.200 overapplied $3,300 underapplied $3.300 overapplied $4.500 underapplied