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QUESTION

The assigned reading used a percent of labor costs to assign factory overhead to jobs. Identify another factor (or base) a company might reasonably use to assign overhead cost. Question B What is the difference between overhead costs being underapplied

  • The assigned reading used a percent of labor costs to assign factory overhead to jobs. Identify another factor (or base) a company might reasonably use to assign overhead cost.

Question B

  • What is the difference between overhead costs being underapplied versus overapplied? Please provide an example of each.
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