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QUESTION 3 Company reported the following amounts for the year. Estimated overhead $120,000 Applied overhead 123,000 Actual overhead 119,000 Determine the overhead variance for the

QUESTION 3 Company reported the following amounts for the year. Estimated overhead $120,000 Applied overhead 123,000 Actual overhead 119,000 Determine the overhead variance for the year. $4,000 overapplied $4,000 underapplied $1,000 underapplied $3,000 overapplied

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