Business, 29.07.2021 02:30 tinacalderon2856

ABC Manufacturing allocates overhead based on direct labor hours. You are given the following information for 2020: Budget: Budgeted overhead $2,000, budgeted direct labor hours: 1,000
Actual: Actual overhead was $3,000, actual direct labor hours worked: 1,200
Overhead for 2020 was:.
a. Underapplied by $1,000
b. Underapplied by $600
c. Overapplied by $1,000
d. Overapplied by $600

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