Question 10 4.6 pts Araceli Manufacturing Company uses a normal cost system. The following information relates to the Company: Total budgeted manufacturing overhead cost at beginning of year $300,000 Budgeted manufacturing overhead rate (based on machine hours) $3.00 per hour Total manufacturing overhead cost incurred during the year $325,000 Total machine hours incurred during the year 110,000 hours What was Araceli's under-allocated or over-allocated overhead for last year? $5,000 under allocated $25,000 under allocated $5,000 over-allocated $25.000 over-allocated