At the beginning of the year, Vuncor, Inc., determined that estimated overhead costs would be $600,000, while actual overhead cost for the year totaled $650,000. Furthermore, it was determined that the estimated allocation basis would be 60,000 direct labor hours, while direct laborers actually worked 62,000 hours. What was the dollar amount of underallocated or overallocated manufacturing overhead? $50,000 underallocated $30,000 underallocated $30,000 overallocated $20,000 overallocated Which of the following is NOT a step for tracking product costs? Amortize Assign Adjust Accumulate