Beta Company uses a predetermined overhead rate based on machine hours to allocate manufacturing overhead to jobs. The company estimated that it would incur $600,700 of manufacturing overhead during the year and that 250,800 machine hours would be used. During the year, the company actually incurred manufacturing overhead costs of $583,000 and 240,300 machine hours were used. 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. $17,700 overallocated O B. $6,280 undererallocated OC. $6,280 overallocated OD. $17,700 underallocated