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Bilte Company uses a predetermined overhead rate based on direct labor hours to locate manufacturing overhead to jobs. During the year, the company actually incurred

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Bilte Company uses a predetermined overhead rate based on direct labor hours to locate manufacturing overhead to jobs. During the year, the company actually incurred manufacturing overhead costs of $582,100 and 135.000 direct labor hours were worked. The company estimated that it would incur $525.400 of manufacturing overhead during the year and that 150.400 direct labor hours would be worked By how much was manufacturing overhead overallocated or underallocated for the year? (Round intermediary calculations to the nearest cent) $110,950 overallocated $56.700 underallocated $110.950 under located $56,700 overallocated Moving to another Question will save this response Question 3 of 25

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