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King Manufacturing estimated manufacturing overhead costs to be $248,000 for the year, incurred mar/acturing overhead costs of 251,000, and applied overhead to jobs in the

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King Manufacturing estimated manufacturing overhead costs to be $248,000 for the year, incurred mar/acturing overhead costs of 251,000, and applied overhead to jobs in the amount of $250.000. How much is the amount of overapplied or underapplied overhead? $2,000 overapplied $5.000 overappled $3,000 underapplied $2.000 underapplied

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