Kimble Company applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under or overapplication of overhead for the period: $1.920,000 Estimated annual overhead cost Actual annual overhead cost Estimated machine hours Actual machine hours $1,890,000 480,000 468,000 $1,872,000 applied and $18,000 underapplied $1,890,000 applied and $30,000 underapplied $1.920,000 applied and $30,000 overapplied $1,872,000 applied and $18,000 overapplied