Samantha's Sundries Inc.assigns overhead to specific jobs based on machine hours.At the beginning of the current year,estimated overhead costs were $400 000 and estimated machine hours were 25 000.By the end of the year,actual overhead costs were calculated to be $375 000 and actual machine hours were 30 000.
By how much was overhead under- or overapplied for the year?

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The Answer of Samantha's Sundries Inc.assigns overhead to specific jobs based on machine hours.At the beginning of the current year,estimated overhead costs were $400 000 and estimated machine hours were 25 000.By the end of the year,actual overhead costs were calculated to be $375 000 and actual machine hours were 30 000.
By how much was overhead under- or overapplied for the year?