What is the amount of the overhead unde absorbed

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Problem 1: Based on the data below, what is the amount of the overhead under-/over-absorbed?

Budgeted overheads $493,200

Budgeted machine hours 10,960

Actual machine hours 10,493

Actual overheads $514,157

Option A. $20,957 under-absorbed

Option B. $21,015 over-absorbed

Option C. $21,015 under-absorbed

Option D. $41,972 under-absorbed

Reference no: EM132632056

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