Assume (1) estimated total manufacturing overhead cost $100,000. (2) estimated total amount of the allocation base - 20,000 direct labor hours, (3) the total direct labor hours actually worked during the period = 21,600, and (4) the total manufacturing overhead actually incurred during the period is $103.000 What is the total amount of underapplied or overapplied overhead for the perod? Multiple Choice $7,000 overapplied $7,000 underapplied $5.000 overapplied $5,000 underapplied