Current Attempt in Progress Incorrect answer icon Your answer is incorrect. Bramble Corp. applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under- or overapplication of overhead for the period: Estimated annual overhead cost $1700000 Actual annual overhead cost $1675000 Estimated machine hours 400000 Actual machine hours 290000 $1232500 applied and $442500 overapplied $1675000 applied and neither under-nor overapplied $1232500 applied and $442500 underapplied $1700000 applied and $442500 overapplied