In managing the operations of Souper Foods, Rilee was wrapping her head around the total cost of producing its world-famous chicken noodle soup. She understood MOH costs were a large portion of the company's costs, as they were budgeted at $560,000 this year. At year-end, Souper Foods' applied MOH (under normal costing) totaled $490,000, despite incurring $530,000 in actual MOH cost this year. Had Souper Foods under- or overapplied its MOH cost this year? By how much?