Hilltop Manufacturing uses a predetermined manufacturing overhead rate based on machine hours to allocate manufacturing overhead to jobs. Selected data about the company's operations follows: Actual manufacturing overhead cost $500,800 Estimated manufacturing overhead cost $550,100 Estimated direct labor cost $175,000 Estimated direct labor hours 50,100 Actual direct labor hours 60,800 Estimated machine hours 40,600 Actual machine hours 35,400 By how much was manufacturing overhead overallocated or underallocated for the year? (Round intermediary calculations to the nearest cent.) (I) {"22- A. $70,430 overallocated {:2- B. $21,130 underallocated {:1- C. $70,430 underallocated {:21- D. $21,130 overallocated