a company's factory overhead account shows total debits of $654,000 and total credits of $677000 at the end of the year. Compute the under or overapplied overhead. Total actual overhead cost
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Assume that actual overhead is $812,000 in a given year and the overhead rate is $12 per unit, 71,000 units were sold, and 70,000 units were produced. For the end of the year, is overhead underapplied or overapplied, and by how much?
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