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Compute applied over- or underapplied amount for july

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Reference no: EM132549469

Normal annual capacity for Sony Company is 40.000 machine hours, with fixed factory overhead budgeted as $20.000 and an estimated variable factory overhead rate of $3 per hour. During July, actual production required 3.000 machine hours, with a total factory overhead of $12.000.

Required :

Question 1: Compute the applied factory overhead and the over- or underapplied amount for July

Reference no: EM132549469

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