Determine amount of factory overhead that under applied

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Problem 1: During March 2019, Annapolis Corporation recorded $43,000 of costs related to factory overhead. Alpha's overhead application rate is based on direct labor hours. The preset formula for overhead application estimated that $42,500 would be incurred and 4,500 direct labor hours would be worked. Use this information to determine the amount of factory overhead that was (over) or under applied.

Reference no: EM132755269

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