HIP Manufacturing uses a predetermined manufacturing overhead rate based on machine hours to locate manuting to be the heart Actual manufacturing overhead cout Estimated manufacturing overhead cost Estimated direct labor cost $500,100 SO 400 OA 525252 under located OBS25.252 verlowed OC 575,552 vracted OD 575.662 under located ons Click to select your own Estimated manufacturing overhead cost Estimated direct labor cost Estimated direct labor hours Actual direct labor hours Estimated machine hours Actual machine hours $550,400 $175,600 51,000 60,900 40,800 35,200 Estimated direct labor hours Actual direct labor hours Estimated machine hours Actual machine hours 51,000 60,900 40,800 35,200 By how much was manufacturing overhead overallocated or underallocated for the year? (Round intermediary calculations to the nearest cent