Reyes Corporation applies overhead using a normal costing approach based on machine-hours. Budgeted factory overhead was $232,750, and budgeted machine-hours were 17,500. Actual factory overhead was $227,830, and actual machine-hours were 16,150. How much is the over- or underapplied overhead? Multiple Choice

$13,035 overapplied

$13,035 underapplied

$4,920 overapplied

$4,920 underapplied