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For 2022, Blue Co. estimates manufacturing overhead of $350,000, and applies overhead to units produced based on 180,000 machine hours. During 2022, Blue Co. used
For 2022, Blue Co. estimates manufacturing overhead of $350,000, and applies overhead to units produced based on 180,000 machine hours. During 2022, Blue Co. used 175,210 machine hours and incurred manufacturing overhead of $359,134. Was manufacturing overheard underapplied or overapplied? For how much
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