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Delish Co. uses a predetermined factory overhead rate based on direct labor houts. Delish's budgeted overhead was $300,000 based on a budgeted volume of $100,000
Delish Co. uses a predetermined factory overhead rate based on direct labor houts. Delish's budgeted overhead was $300,000 based on a budgeted volume of $100,000 direct labor hours. Actual overhead amounted $325,000 with actual direct labor hours totalling $110,000. How much was the over-applied or under-applied overhead?
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