9.Franklin Inc. manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $18 per direct labor-hour. The following data are obtained from the accounting records for June 2018: Direct materials $170,000 Direct labor (4,600 hours @ $10/hour) 46,000 Indirect labor 17,000 Plant facility rent 34,000 Depreciation on plant machinery and equipment 24,500 Sales commissions 33,000 Administrative expenses 28,000 For June 2018, manufacturing overhead is (2 Points) Over allocated by $7,300 Under allocated by $20.700 Over allocated by $20.700 Under allocated by S7 300