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QUESTION
During 2017, Bramble Corp. expected Job no. 59 to cost $300000 of overhead, $440000 of materials, and $200000 in labor. Bramble applied overhead...
During 2017, Bramble Corp. expected Job no. 59 to cost $300000 of overhead, $440000 of materials, and $200000 in labor. Bramble applied overhead based on direct labor cost. Actual production required an overhead cost of $235000, $510000 in materials used, and $160000 in labor. All of the goods were completed. How much is the amount of over- or underapplied overhead?
