During 2019, Waterway Industries expected Job no. 59 to cost $600000 of overhead, $600000 of materials, and $400000 in labor. Waterway applied overhead based on direct labor cost. Actual production required an overhead cost of $395000, $670000 in materials used, and $320000 in labor. All of the goods were completed. How much is the amount of over- or underapplied overhead
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During 2019, Waterway Industries expected Job no. 59 to cost $600000 of overhead, $600000 of materia...
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