Tom's Tool & Die uses a predetermined factory overhead rate based on machine-hours. For August, Tom's budgeted

Question:

Tom's Tool & Die uses a predetermined factory overhead rate based on machine-hours. For August, Tom's budgeted overhead was $714,000 based on a budgeted volume of 68,000 machine hours. Actual overhead amounted to $773,500 with actual machine-hours totaling 69,500.
Required
What was over- or under applied manufacturing overhead in August?