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The following information was gathered for Jasmine Company for the year ended December 31, 2010 Budgeted: Actual: direct labor hours: 75,000dlh 80,000dlh factory overhead: 600,000

The following information was gathered for Jasmine Company for the year ended December 31, 2010 Budgeted: Actual: direct labor hours: 75,000dlh 80,000dlh factory overhead: 600,000 625,000 Assume that direct labor-hours are the cost-allocation base. Required: a. Compute the budgeted factory overhead rate b. Compute the factory overhead applied c. Compute the amount of over/underapplied overhead

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