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How much was king over- or under-applied overhead

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Problem 1: King, Inc., which uses a predetermined overhead rate of $25 per direct labor hour, incurred actual overhead costs of $840,000 and used 24,000 direct labor hours. How much was King's over- or under-applied overhead for the month of June?

a. $240,000 overapplied
b. $24,000 underapplied
c. $240,000 underapplied
d. $24,000 overapplied

Reference no: EM132657048

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