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. Predetermined overhead rate is $16 per machine hour. During the year, actual overhead incurred during the year totaled $135,000, and 9,200 machine hours were
. Predetermined overhead rate is $16 per machine hour. During the year, actual overhead incurred during the year totaled $135,000, and 9,200 machine hours were used. What is the amount of over- or underapplied overhead for the year?
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