K Part 2 of 8 I 7%, 1.52 of 55 points Points: 0.38 of 10 Save Glavine Corporation manufactures precision equipment made to order for the semiconductor industry. Glavine uses two manufacturing overhead cost pools-one for the overhead costs incurred in its highly automated Machining Department and another for overhead costs incurred in its labour-based Assembly Department. Glavine uses a normal costing system. It allocates Machining Department overhead costs to jobs based on actual machine-hours using a budgeted machine-hour overhead rate. It allocates Assembly Department overhead costs to jobs based on actual direct manufacturing labour-hours using a budgeted direct manufacturing labour-hour rate. The following data are for the year: (Click the icon to view the data for the year.) Required Manufacturing overhead allocated 5980000 Actual manufacturing overhead costs 5470000 Overallocation or undeallocation $10000 Clear all Final check 11:31 AM