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The Gerald Company budgeted overhead at $480,000 for the period for Department A based on budgeted volume of 60,000 direct labor hours. At the end

The Gerald Company budgeted overhead at $480,000 for the period for Department A based on budgeted volume of 60,000 direct labor hours. At the end of the period, factory overhead control account for Department A had a debit balance of $475,000; actual direct labor hours were 58,000. What was the under- or over applied factory overhead for the period?

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