Hilltop Manufacturing uses a predetermined manufacturing overhead rate based on direct labor hours to allocate manufacturing overhead to jobs. Selected data about the company's operations follows: Actual manufacturing overhead cost $500,200 Estimated manufacturing overhead cost $550,700 Estimated direct labor cost $175,700 Estimated direct labor hours 50,300 Actual direct labor hours 60,000 Estimated machine hours 40,300 Actual machine hours 35,000 By how much was manufacturing overhead overallocated or underallocated for the year? (Round intermediary calculations to the nearest cont.) O A. $156,800 overallocated O B. $50,500 underallocated OC. $156,800 underallocated OD. $50,500 overallocated