Estimated data for Lorien Company for Year 1 are as follows: Total manufacturing overhead: $650,000 Direct labor hours: 130,000 hours Actual data for Lorien Company for Year 1 are as follows: Total manufacturing overhead: $650,000 Direct labor hours: 110,000 hours The manufacturing overhead rate is determined on the basis of direct labor hours. What is the amount of over or under-applied overhead for Loron Company for Year 1? O $110,000 overapplied $110,000 underapplied $100,000 overapplied $100,000 underapplied $0 - overhead is neither overapplied nor underapplied