ABC Office Equipment Company's budgeted manufacturing overhead is $5,400,000. Overhead is allocated on the basis of direct labor hours. The budgeted direct labor hours for the period are 30,000. The actual direct labor hours for the period are 40,000 Actual manufacturing overhead is $9,000,000 How much is manufacturing overhead under or overallocated? O a None Ob. $5,400,000 underallocated Oc. $7,200,000 overallocated Od $1,800,000 overallocated O e $1,800,000 underallocated