Maestranza Bruno SA budgeted CIV Total Variables for $180,000 for the current period. In addition, factory lease costs of $215,000, depreciation costs on factory equipment of $12,000, office lease costs of $92,000 and depreciation costs of office equipment of $38,000 were budgeted. These costs were calculated based on the estimated 80,000 machine-hours. At the end of the period, the CIF control account had a balance of $387,690. The actual machine-hours were 74,000.

What were the CIF over-applied or under-applied for the period?