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Calculate the overapplied or underapplied overhead

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Question - Budgeted direct labour cost: 75 000 hours @ $20 per hour; Actual direct labour cost: 70 000 hours @ $22 per hour; Budgeted manufacturing overhead: $980,000; Actual manufacturing overhead: $950,000. Calculate the overapplied or underapplied overhead for the year.

a. $38,000

b. $30,000

c. $33,000

d. None of the answers given

Reference no: EM133012440

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