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A company allocates overhead using direct labor hours. The expected number of direct labor hours is 4,000 for the coming year and the expected overhead

A company allocates overhead using direct labor hours. The expected number of direct labor hours is 4,000 for the coming year and the expected overhead is $80,000. During the year, the company uses 3,600 direct labor hours and the actual overhead was $82,000.

What is the over- or under-absorbed overboard?

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