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Actual Manufacturing Overhead incurred during the year is $950,000 and Manufacturing Overhead allocated to jobs during the year is $900,000. By how much had the company overallocated or underallocated Manufacturing Overhead for the year? Underallocated by $50,000 Overallocated by $50,000 Question 17 (1 point) Total cost of preparing a tax return is $600. The profit markup is 30%. Calculate the amount that should be billed. Question 18 (1 point) Where we should adjust the overallocated or underallocated manufacturing overhead cost, if the relevant units are already sold and the amount is not material? A/