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Lawrence Company applies manufacturing overhead to jobs based on machine hours used Overhead costs are estimated to be $300,000. Estimated machine hours are 125.000 hours,

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Lawrence Company applies manufacturing overhead to jobs based on machine hours used Overhead costs are estimated to be $300,000. Estimated machine hours are 125.000 hours, and estimated direct labor hours are 50,000 hours During the year actual overhead costs totaled $322,0000 and it incurred 130,000 machine hours and 46,000 direct labor hours What is the amount of over or under-alocated overhead? O A $10,000 underallocated OB. $22.000 overallocated OC. 524,000 underalocated OD 510.000 overallocated

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