Bitz Company uses a predetermined overhead rate based on direct labor hours to allocate manufacturing overhead to jobs. During the year, the company actually incurred manufacturing overhead costs of $582,100 and 135,100 direct labor hours were worked. The company estimated that it would incur 5525,500 of manufacturing overhead during the year and that 150,500 direct labor hours would be worked By how much was manufacturing overhead overallocated or underallocated for the year? (Round intermediary calculations to the nearest cent) O A. $110601 underallocated OB. $56,600 underallocated CS110,601 overallocated OD. $56.600 overallocated