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Verhead incurred was 547 overhead is allocated based on

Question - Overhead incurred was $547. Overhead is allocated based on Direct Labor Dollars. Estimated Overhead for the year is $40,476 and estimated Direct Labor cost is $20,559. If Direct Labor cost is $3,189, what is the amount of over or under applied Overhead?

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Accounting Basics: Verhead incurred was 547 overhead is allocated based on

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Accounting Basics: Verhead incurred was 547 overhead is allocated based on

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