Plastic Products Company manufactures pipes and applies manufacturing costs to production at a budgeted indirect-cost rate of $12 per direct labor-hour. The following data are obtained from the accounting records for June 2019: For June 2019, how much manufacturing overhead was underallocated (underapplied) or overallocated (overapplied)? Example of Answer: 40000 or 4000U (O means Overapplied \& U means Underapplied)