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Reyes Corporation applies overhead using an actual costing approach. Budgeted factory overhead was $266,400, and budgeted machine- hours were 18,500. Actual factory overhead was
Reyes Corporation applies overhead using an actual costing approach. Budgeted factory overhead was $266,400, and budgeted machine- hours were 18,500. Actual factory overhead was $287,920, and actual machine-hours were 19,050. How much is the over- or underapplied overhead? :
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