Question 4 Save Answer 14) MM company applies manufacturing overhead costs to production at a budgeted indirect-cost rate of 57 per direct labor-hour. The following data are obtained from the accounting records for June 2020 Direct materials $170,000 Direct labor (4.600 hours 510/hour) 46,000 Direct labour hours used 9,000 hours Budgeted overhead cost 65.000 Actual overhead cost 71,000 For June 2020, manufacturing overhead is O Correct answer is not provided O underallocated by $6,000 overallocated by $6,000 underallocated by $8,000