1 biltz company uses predetermined overhead rate based direct labor hours allocate manufactu

1. Biltz 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 $582,000 and 135,000 direct labor hours were worked. The company estimated that it would incur $525,000 of manufacturing overhead during the year and that 150,000 direct labor hours would be worked.  
By how much was manufacturing overhead overallocated or underallocated for the year?    


"Is this question part of your assignment? We can help"