Assuming That Actual Manufacturing Overhead Costs for Colorado Iron Company

Assuming that actual manufacturing overhead costs for Colorado Iron Company are $10,000 for cutting; $14,000 for shaping; and $6,000 for finishing; and applied manufacturing overhead is $11,400 for cutting; $11,000 for shaping; and $6,600 for finishing, what is the amount of over- or underapplied overhead?

A) $1,000 overapplied
B) $1,000 underapplied
C) $400 overapplied
D) $400 underapplied