MX Company listed the following data for the current year: $1,044,000 69,600 Budgeted factory overhead Budgeted direct labor hours Budgeted machine hours Actual factory overhead Actual labor hours Actual machine hours 24,000 1,037,400 72,600 23,6001 If overhead is allocated based on direct labor hours, the over- or under-allocated overhead is: $15,300 under-allocated. $51,600 under-allocated. $0 O $15,300 over-allocated. $51,600 over-allocated