Shaq's Cannery, Inc. estimated its factory overhead at P510,000 for the year, based on the normal capacity of 100,000 direct labor hours. Standard direct labor hours for the year totaled 105,000, while the factory overhead control account at the end of the year showed a balance of $540,000. How much was the over/underapplied factory overhead for the year? O P30,000 overapplied P30,000 underapplied OP 4,500 underapplied OP 4,500 overapplied