Question 2 1 pts The Piglet Company allocates MOH based on Direct Materials used. Piglet expected to have $250,000 of MOH and $100,000 of DM used and $200,000 of DL costs. During the year, Piglet actually had $230,000 of MOH, $ 95,000 of DM Used and $195,000 of DL costs. When Piglet closed the under- or over-applied MOH for the year, what was the effect? O Decrease Net Income (or profit) Increase CGS O Increase Period Expenses O Decrease CGS