A company has the following information: Budgeted activity 20,000hrs Budgeted overhead 40,000 Actual activity 15,000hrs...

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A company has the following information: Budgeted activity 20,000hrs Budgeted overhead 40,000 Actual activity 15,000hrs Actual cost 55,000 By how much did the company over or under absorb overheads? Select one: a. 25,000 over b. 25,000 under c. 15,000 under d. 15,000 over

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