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Overheads are budgeted to be 120,000 Machine hours are budgeted to be 20,000 Labour hours are budgeted to be 40,000 Actual overheads 150,000 Actual Machine

Overheads are budgeted to be 120,000 Machine hours are budgeted to be 20,000 Labour hours are budgeted to be 40,000 Actual overheads 150,000 Actual Machine hours 26,000 Actual Labour hours 45,000 What is the under/over absorption?

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