Franklin Inc. manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $18 per direct labor-hour. The following data are obtained from the accounting records for June 2018: Direct materials $170,000 Direct labor (4,600 hours @ $10/hour) 46,000 Indirect labor 17,000 Plant facility rent 34,000 Depreciation on plant machinery and equipment Sales commissions 24,500 33,000 Administrative expenses 28,000 For June 2018, manufacturing overhead is A. overallocated by $7,300 B. underallocated by $20,700 C. overallocated by $20,700 D. underallocated by $7,300