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Overhead underapplied or overapplied

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Reference no: EM13953066

Assume that actual overhead is $812,000 in a given year and the overhead rate is $12 per unit, 71,000 units were sold, and 70,000 units were produced. For the end of the year, is overhead underapplied or overapplied, and by how much?

Reference no: EM13953066

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