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Use the following information: Manufacturing overhead was estimated to be $365,400 and 20,300 in estimated direct labor hours. Actual manufacturing overhead during the period $380,000,

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Use the following information: Manufacturing overhead was estimated to be $365,400 and 20,300 in estimated direct labor hours. Actual manufacturing overhead during the period $380,000, and actual labor hours were 21,700. Which of the following would be correct? Multiple Choice Overhead is underapplied by $14,600. Overhead is underapplied by $10,600. Overhead is overapplied by $14,600, Overhead is overapplied by $10,600

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