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Alaris Company reported budgeted MOH cost for $120,000 for the year. By the end of the year, the company had actually incurred $130,000 in MOH

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Alaris Company reported budgeted MOH cost for $120,000 for the year. By the end of the year, the company had actually incurred $130,000 in MOH costs. Alaris uses a normal costing system and allocates MOH costs to jobs using DL hours. Total budgeted DL hours were 6,000. Total actual DL hours used were 5,700. What was the status of the company's MOH costs at the end of the year? MOH was underapplied by $16,000 MOH was underapplied by $10,000 MOH was overapplied by $10,000 MOH was overapplied by $16,000

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