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How much is the amount of over- or underapplied overhead

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Problem - During 2013, Integrity Manufacturing expected Job No. 59 to cost P300,000 of overhead, P500,000 of materials, and P200,000 in labor. Integrity applied overhead based on direct labor cost. Actual production required an overhead cost of P290,000, P550,000 in materials used, and P220,000 in labor. All of the goods were completed. How much is the amount of over- or underapplied overhead?

Reference no: EM132975188

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