Use the Following Information to Answer Exercises Below

Use the following information to answer Exercises below:
After determining Gross Profit per customer, management at Catering Plus decided to also allocate the costs of hosting events where contracts with current customers are negotiated for the year. The company provides the food and hosts these events at the corporate offices, and so does not have a definitive cost per event. Management has determined to allocate $50,000 of corporate expenses, for the year, to these events, and to assign the costs to customers based on the number of hours spent at the events, at a rate of $1,500 per hour spent at the event.
Customers spent the following amounts of time at the negotiation events:
Customer #1: 6 hours
Customer #2: 4 hours
Customer #3: 2 hours
Customer #4: 5 hours
Customer #5: 3 hours
Customer #6: 5 hours
Customer #7: 7 hours
Gross profit per customer is as follows:
Customer #1: $24,000
Customer #2: $22,000
Customer #3: $20,000
Customer #4: $21,000
Customer #5: $20,000
Customer #6: $22,000
Customer #7: $23,000
-What is the amount of over- or under-applied overhead?