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Chris Fly, owner of Falcon Aircraft Company, is preparing the accounting record for the year just ended. During the year, he had projected that the
Chris Fly, owner of Falcon Aircraft Company, is preparing the accounting record for the year just ended. During the year, he had projected that the company would produce 470 Falcon Aircraft for its clients with a factory overhead cost of $250,980,000. However, business was better than expected and the company was able to produce 570 aircraft at factory overhead cost of $262,941,000. What is the amount per unit that Falcon Aircraft has over- or underapplied factory overhead? A None of these answer choices are correct. B $72,700 underapplied. $145,400 overapplied. $145,400 underapplied. E $72,700 overapplied
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