Question: QUESTION 10 3 points Save An PROBLEM 5 (3 marks) Dazzle Party is a small business that produces decorative balloons for events. DazzleParty uses normal

QUESTION 10 3 points Save An PROBLEM 5 (3 marks) Dazzle Party is a small business that produces decorative balloons for events. DazzleParty uses normal costing and assigns manufacturing overhead (MOH) costs using labour hours a the allocation base. Budgeted and actual production data for the year 2023 is provided below. Budget Actual MOH costs $60,000 $52,000 Labour-hours 120,000 110,000 Required: Calculate the difference between the allocated MOH cost and the actual MOH cost incurred in 2023. Clearly state whether this difference represents a case of under-allocation or over-allocation of MOH. (3 marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I Y S Paragraph Arial 10pt A V

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