Barefoot Running Company's work in process inventory on June 1 has a balance of $23,300 representing Job No. 265. During June, $50,100 of direct materials were requisitioned for Job No. 265 and $35,200 of direct labor cost was incurred on Job No. 265. Manufacturing overhead is allocated at 120% of direct labor cost. Actual manufacturing overhead costs incurred in June amounted to $41,400. No new jobs were started during June. Job No. 265 is completed on June 28. Is manufacturing overhead overallocated or underallocated for the month of June? By how much? A. $13,440 underallocated B. $840 overallocated C. $13,440 overallocated D. $840 underallocated