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The following data is available for the production department of PatMat Company LTD for the latest period. Budgeted production overhead GH165,000 Actual production overhead GH165,000

The following data is available for the production department of PatMat Company LTD for the latest period.

Budgeted production overhead GH165,000

Actual production overhead GH165,000

Budgeted machine hours 60,000

Actual machine hours 55,000

Required to calculate the under or over absorption of overheads.

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