Helmet Company has the following factory overhead costs for the most recent period:

Standard overhead applied to this periods production	$ 79,000
Flexible budget for overhead based on output (i.e., units produced)	73,000
Total budgeted overhead in the master (static) budget	81,000
Actual total overhead cost incurred during the period	82,000

The total underapplied or overapplied factory overhead for Helmet Company for the period is: