Question 29 Not yet answered London Company manufactures balls and applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $20 per direct labor-hour. The following data are obtained from the accounting records for June 2017: Marked out of 1.00 $140,000 P Flag question $ 49,500 $ 10,000 Direct materials Direct labor (4,500 hours @ $11/hour) Indirect labor Plant facility rent Depreciation on plant machinery and equipment Sales commissions Administrative expenses $ 30,000 $ 15,000 $ 20,000 $ 25,000 For June 2017 manufacturing overhead was: Select one: 10 a. underallocated b. neither overallocated nor underallocated c. indeterminable d. overallocated When refining a costing system, a company should classify as many costs as possible as direct costs. Select one: O True O False