Armour, Inc., an advertising agency, applies overhead to jobs on the basis of direct professional labor hours. Overhead was estimated to be $204,000, direct professional labor hours were estimated to be 17,000, and direct professional labor cost was projected to be $255,000. During the year, Armour incurred actual overhead costs of $200,400, actual direct professional labor hours of 16,500, and actual direct labor cost of $300,000. By year-end, the firm's overhead was: 8 04:23:45 Multiple Choice Print 0 $2,400 underapplied. 0 $2,400 overapplied. o $3,600 underapplied. 0 $3,600 overapplied. 0 $6,000 underapplied