Neptune Inc. uses a standard cost system and has the following information for the most recent month, April: Actual direct labor hours (DLHS) worked 26,000 Standard DLHS allowed for good output produced this period Actual total factory overhead costs incurred 27,000 $66,300 Budgeted fixed factory overhead costs $10,700 Denominator activity level, in direct labor hours (DLHS) Total factory overhead application rate per standard DLH 13,000 $ 2.70 The total underapplied or overapplied factory overhead in April for Neptune, Inc., to the nearest whole dollar, was: Multiple Choice $5,300 underapplied. $6,600 overapplied. $5,300 overapplied. $8,500 overapplied. $6,600 underapplied