VES Conrad Company calculated a predetermined manufacturing overhead rate of $20 per direct labor hour. During the year, Conrad actually incurred 290,000 in total manufacturing overhead and used 10,000 direct labor hours. Determine the amount of over or under allocated overhead for the year. (Hint: You must first calculate the amount of allocated overhead during the year.) If UNDERALLOCATED, enter your answer as a negative (example: -34,000) Do not use $ in your