Morgan Company uses a job costing system. Morgan Company estimated manufacturing overhead costs for the year at $330,300, based on 60,100 estimated direct labor hours. Actual direct labor hours for the year totaled 75,800 Actual manufacturing overhead for the year was $385.000 By how much was manufacturing overhead overallocated or underallocated for the year (Round intermediary calculations to the nearest cent) OA. $54,700 underallocated OB. $31.900 under located C. $31,000 overallocated OD. $54.700 overallocated