Babcox Manufacturing uses a predetermined manufacturing overhead rate based on direct labor hours to allocate manufacturing overhead to jobs. Selected data about the companys operations follows: Actual manufacturing overhead cost $410,000 Estimated manufacturing overhead cost $400,000 Estimated direct labor cost $180,000 Estimated direct labor hours 50,000 Actual direct labor hours 55,000 Estimated machine hours 80,000 Actual machine hours 84,000 By how much was manufacturing overhead overallocated or underallocated for the year?