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Jack & Bean LLC charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of labor hours. The following data

Jack & Bean LLC charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of labor hours. The following data pertain to the current year:

Budgeted manufacturing overhead AED1,800,000

Actual manufacturing overhead 1,810,000

Budgeted labor hours 60,000

Actual labor hours 61,500

Which of the following choices is the correct status of manufacturing overhead at year-end?

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