### How much was manufacturing overhead overallocated

Assignment Help Accounting Basics
##### Reference no: EM13853048

Hilltop Manufacturing uses a predetermined manufacturing overhead rate based on machine hours to allocate manufacturing overhead to jobs. Selected data about the company's operations follows:

 Actual manufacturing overhead cost \$501,000 Estimated manufacturing overhead cost \$550,500 Estimated direct labor cost \$175,800 Estimated direct labor hours 50,300 Actual direct labor hours 60,000 Estimated machine hours 40,000 Actual machine hours 35,200

By how much was manufacturing overhead overallocated or underallocated for the year? (Round intermediary calculations to the nearest cent)
A. \$66,148 underallocated

B. \$66,148 overallocated

C. \$16,648 overallocated

D. \$16,648 underallocated

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