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Over- or Underapplied Factory Overhead. Kipper Company made me too available from its...

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Accounting

Over- or Underapplied Factory Overhead. Kipper Company made me too available from its accounting records and reports:(a)$800,000 estimated factory overhead = $4 predetermined factory overhead rate200,000 estimated machine hours(b) During the year, the company used 210,000 machine hours. Actual factory overhead was $832,000.Required: Compute the over- or underapplied factory overhead amount for the year.

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