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Chipata Corporation applies manufacturing overhead to jobs on the basis of machine - hours. Chipata estimated 2 5 , 0 0 0 machine - hours
Chipata Corporation applies manufacturing overhead to jobs on the basis of machinehours. Chipata estimated machinehours and $ of manufacturing overhead cost for the year. During the year, Chipata incurred machinehours and $ of manufacturing overhead. What was Chipata's underapplied or overapplied overhead for the year?
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