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part b Coronado Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $294,400 for the

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Coronado Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $294,400 for the year, and machine usage is estimated at 128,000 hours. For the year, $313,230 of overhead costs are incurred and 130,100 hours are used. What is the amount of under-or overapplied overhead at December 31 ? Manufacturing Overhead

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