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How much is the amount of over- or underapplied overhead

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Question 1: During 2019, Sheridan Company expected Job no. 59 to cost $600000 of overhead, $530000 of materials, and $400000 in labor. Sheridan applied overhead based on direct labor cost. Actual production required an overhead cost of $325000, $600000 in materials used, and $250000 in labor. All of the goods were completed. How much is the amount of over- or underapplied overhead?

Reference no: EM132516278

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