Sports Manufacturing Company produces baseball bats. They have recently moved from handcrafted bats to machine ro uced to lower the level of defects. At the beginning of the period the firm estimates that the total manufacturing overhead costs for that period will be $450,000. They also estimate direct labor hours to be 60,000 and machine hours for the period to be 50,000. Sports Manufacturing Company just received an order for 500 specially-ordered maroon bats for the baseball team. Each of these bats requires 3 machine hours. Assume the actual spending on Overheadtotal $15,000. What is the under/over applied Overhead?