Beta Company uses a predetermined overhead rate based on direct labor hours to allocate manufacturing overhead to jobs. The company estimated that it would incur $600,800 of manufacturing overhead during the year and that 150,900 direct labor hours would be worked. During the?year, the company actually incurred manufacturing overhead costs of $ $582,200 and 135,700 direct labor hours were worked.

By how much was manufacturing overhead overallocated or underallocated for the?year? (Round intermediary calculations to the nearest cent and the final answer to the nearest?dollar.)

Beta Company uses a predetermined overhead rate based on direct labor hours to allocate manufacturing overhead to jobs. The company estimated that it would incur $600,800 of manufacturing overhead during the year and that 150,900 direct labor hours would be worked. During the year, the company actually incurred manufacturing overhead costs of $582,200 and 135,700 direct labor hours were worked. By how much was manufacturing overhead overallocated or underallocated for the year? (Round intermediary calculations to the nearest cent and the final answer to the nearest dollar.) O A. $18,600 overallocated O B. $42,114 underallocated O C. $42,114 overallocated O D. $18,600 underallocatedThe Work in Process Inventory account for process costing accumulates which of the following costs? O A. Direct labor O B. Direct materials O C. Allocated manufacturing overhead O D. All of the above