I ABC Company uses job costing and has assembled the following cost data for the production and assembly of item X: (Click the icon to view the cost data.) Based on the above cost data, the manufacturing overhead for item X is O A. $500 overallocated. Cost Data OB. $600 underallocated. OC. $500 underallocated. OD. $600 overallocated. Direct manufacturing labor wages $ 35,000 Direct material used 70,000 Indirect manufacturing labor 4,000 Utilities 400 Fire insurance 500 Manufacturing overhead applied 11,000 Indirect materials 6,000 0 Depreciation on equipment 600 - X