Job Order Costing On Your Own #3 Harmony Inc uses a job-costing system with two direct cost categories (direct materials and direct manufacturing labor) and one manufacturing overhead cost pool. Harmony allocates manufacturing overhead costs using direct manufacturing labor costs, Harmony provides the following information: Budget for 20X1 Actual Results for 20X1 Direct Materials Cost Direct Ming Labor Cost Ming Overhead Cost Direct Mfng Labor Hours $2,900,000 $1,450,000 $3,355,000 50,000 $3,120,000 $3,000,000 40,000 Overhead is allocated at $2/direct labor dollar. 1. How much overhead is allocated to jobs during 20x17 My Answer 2. Is overhead under-or over-allocated, and by how much? My