Hiltop 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 $500,800 Estimated manufacturing overhead cost $550,900 Estimated direct labor cost $175,400 Estimated direct labor hours 51.000 O A $50,100 overallocated OB. 5151,520 overallocated OC. 5151,520 underallocated OD. $50,100 underalocated Estimated direct labor hours 51,000 Actual direct labor hours 60,400 Estimated machine hours 40.800 Actual machine hours 35,600 By how much was manufacturing overhead overallocated or underallocated for the year? (Round intermediary calculations to the nearest cent) O A. $50,100 overallocated O B. $151,520 overallocated OC. $151,520 underallocated OD. $50,100 underallocated