Analyze manufacturing overhead. (Obj. 5). During May the Man- ufacturing Overhead Control account for Gray Manufacturers had

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Analyze manufacturing overhead. (Obj. 5). During May the Man- ufacturing Overhead Control account for Gray Manufacturers had var- ious debit postings that totaled $66,493 and a credit posting for $69,736. Was the manufacturing overhead for the month overapplied or underapplied? By what amount? LO.1

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