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Business, 17.01.2020 19:31 hmjjones

During its most recent period, raymond manufacturing expected a job to cost $600,000 of overhead, $1,000,000 of materials, and $400,000 in labor. raymond applies overhead based on direct labor cost. actual production required an overhead cost of $590,000, materials of $1,140,000 were used, and $440,000 in labor. is overhead over- or underapplied and by how much? *

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