Biltz Company uses a predetermined overhead rate based on direct labor hours to allocate manufacturing overhead to jobs. During the year, the company actually incurred manufacturing overhead costs of $582,100 and 135,700 direct labor hours were worked. The company estimated that it would incur $525,700 of manufacturing overhead during the year and that 151,000 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.) OA. $109,864 underallocated OB. $56,400 underallocated OC. $109,864 overallocated D. $56,400 overallocated

Bllz Company uses a predetormined overhead rate based on drect labor hours to allocate manufacturing overtead so pbs. During the year, the compary actualy hicurred manuficturing overhead teats of 5582,100 and 135,700 drect iabor hours were worked. The cerpany estmated that it would inour $525,700 of manulactirng overhead during the year and that 151,000 derect labor hous woudd be worked By how much was manufacturing evertead everallocated of undealocated for the year? (Found intermediary cavarasions no the nearest cent) A. $109,864 underilocased B. 556,400 underalocated C. $109,864 overalocated D. 556.400 overallocated