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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.