Mags Company applies manufacturing overhead to jobs based on direct labor 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-allocated overhead? O A. $10,000 overallocated OB. $24,000 underallocated O c. $22,000 overallocated OD. $46,000 underallocated