Bell Inc. decided to use direct labor hours to calculate a predetermined overhead rate to allocate overhead cost to jobs. During the year, the company actually incurred manufacturing overhead costs of $582,200 and 135,400 direct labor hours were worked. The company estimated that it would incur $525,400 of manufacturing overhead during the year and that 150,800 direct labor hours would be worked. Was manufacturing overhead overallocated or underallocated for the year? By how much? (Round intermediary calculations to the nearest cent.) A. $56,800 underallocated B. $111,008 overallocated C. $111,008 underallocated D. $56,800 overallocated