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 =21,100, 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 period? Multiple Choice $4,500 overapplied $2,500 underapplied $4,500 underapplied $2,500 overapplied