Digger Inc. sells a high$-$speed retrieval system for mining information. It provides the following information for the year.Overhead cost: Budgeted $1,198,800$ Actual $1,168,800$Machine hours: Budgeted $55,300$ Actual $48,700$Direct labor hours: budgeted $108,000$ actual $104,500$ Overhead is applied on the basis of direct labor hours.Determine the amount of overhead applied for the year.