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The Following Calendar Year Information About the Tahoma Corporation Is

Question 126

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The following calendar year information about the Tahoma Corporation is available on December 31:
The following calendar year information about the Tahoma Corporation is available on December 31: The company applies overhead on the basis of 125% of direct labor costs.Calculate the amount of over- or underapplied overhead. The company applies overhead on the basis of 125% of direct labor costs.Calculate the amount of over- or underapplied overhead.

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