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What the overapplied and underapplied overhead

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Reference no: EM133039772

Problem - ABC Company listed the following data for the current year:

Budgeted factory overhead $1,044,000

Budgeted direct labor hours 69,600

Budgeted machine hours 24,000

Actual factory overhead 1,037,400

Actual labor hours 72,600

Actual machine hours 23,600

If overhead is applied based on direct labor hours, what the overapplied and underapplied overhead?

Reference no: EM133039772

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