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What is the amount of overapplied or underapplied

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Question - A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that total factory overhead costs would be $402,291 and direct labor hours would be 44,699. Actual factory overhead costs incurred were $470,120, and actual direct labor hours were 54,412. What is the amount of overapplied or underapplied manufacturing overhead at the end of the year?

Reference no: EM133070171

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