Meelanau Corporation uses a job-order costing system. The following data are for last year: A A Work in process beginning balance Work in process ending balance Cost of goods manufactured Direct materials Direct Labor $ 10,500 $ 19,000 $ 323,000 $ 115,000 $ 78,000 Meelanau allocates overhead using a budgeted rate. What amount of overhead was allocated to work in process last year? $203,500 O $121,500 $130,000 O $138,500