Swift Corporation applies overhead on the basis of machine hours. Given the following data, compute overted applied and the under or over application of overhead for the period Estimated annual overhead cost Actual annual overhead cost Estimated machine hours Actual machine hours $1800000 $1775000 400000 390000 $1755000 applied and 120000 underapplied $1775000 applied and neither under nor overapplied 51755000 applied and $20000 overapplied O $1600000 apped and $20000 overapplied