Basil Manufacturing uses a normal job costing system and allocates manufacturing overhead costs to products based on machine hours. Cost and volume information for the year is as follows: Manufacturing overhead costs Machine hours Budgeted $650,000 25,000 Actual $610,000 27,000 A) At the end of the year, will manufacturing overhead be over-allocated or under-allocated or neither? B) Will the year-end adjusting and closing entries for manufacturing overhead increase or decrease profits or cause no change