Hilltop manufacturing uses a predetermined manufacturing overhead rate based on direct labor hours to allocate manufacturing overhead to jobs. selected data about the company's operations follows: actual manufacturing overhead cost$ 500 comma 700estimated manufacturing overhead cost$ 550 comma 100estimated direct labor cost$ 175 comma 900estimated direct labor hours 50 comma 700actual direct labor hours 60 comma 000estimated machine hours 40 comma 000actual machine hours 35 comma 300by how much was manufacturing overhead overallocated or underallocated for the year? (round intermediary calculations to the nearest cent.)

For example, the upper right cell shows that if expresso advertises and beantown doesn't advertise, expresso will make a profit of $15 million, and beantown will make a profit of $2 million. assume this is a simultaneous game and that expresso and beantown are both profit-maximizing firms. if expresso decides to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if expresso decides not to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if beantown advertises, expresso makes a higher profit if it chooses . if beantown doesn't advertise, expresso makes a higher profit if it chooses . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing? expresso will choose to advertise and beantown will choose not to advertise. expresso will choose not to advertise and beantown will choose to advertise. both firms will choose to advertise. both firms will choose not to advertise.