Wildhorse Manufacturing is a small manufacturer that uses machine hours as its activity base for assigning overhead costs to jobs. The company estimated the following amounts for 2022 for the company and for Job 62: Company Job 62 Direct materials Direct labor $73,200 $5,700 $30,500 $4,100 Manufacturing overhead costs $87,840 Machine hours 109,800 1,710 During 2022, the actual machine hours totaled 115,900, and actual overhead costs were $86,200. How much overhead is over or underapplied for the year for the company? State amount and whether it is over- or underapplied. Overhead $