The following information was gathered for the Snipes Corporation for the most recent year. Manufacturing overhead is allocated using direct labor hours. Estimated direct labor hours Actual direct labor hours Estimated manufacturing overhead costs Actual manufacturing overhead costs 40,900 51,000 $840,900 $985,600 What is the amount of overallocated or underallocated overhead for the year? (Round intermediary calculations to the nearest cent and the final answer to the nearest dollar.) O A. $144,700 overallocated OB. $144,700 underallocated O C. $62,960 underallocated D. $62,960 overallocated Which of the following is a variable cost: O A. Sales tax, equal to a fixed percentage of sales revenue OB. Rent O c. factory supervisor's salary OD. Depreciation on production equipment Wanda's Wand Company reports the following data for its first year of operation. Work in process inventory, beginning Work in process inventory, ending Direct materials used Direct Labor Manufacturing overhead Finished goods inventory, beginning Finished goods inventory, ending 0 140,900 110,900 130,000 186,000 0 90,400 What are the total manufacturing costs to account for? O A. $130,000 OB. $195,600 O C. $240,900 OD. $426,900