Mokthar Company allocates manufacturing overhead costs using machine hours and the normal costing method. The following data are available for 2014 Budgeted manufacturing overhead cost $1,050.000 Budgeted machine-hours 15,000 Actual manufacturing overhead cost $1,200,000 Actual machine-hours 12,000 The direct manutacturing costs of Job 65 equal $50,000. Job 65 used 300 machine hours in 2014, Required Compute the overhead under or overallocated 2 Marks)