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Problem 5-13 Wisteria Company provided the following data: Budgeted overhead $80,000 Budgeted direct labor...

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Accounting

Problem 5-13

Wisteria Company provided the following data:

Budgeted overhead $80,000 Budgeted direct labor hours 10,000 Actual overhead $86,000 Actual direct labor hours 10,860

A. What is applied overhead? $___________

B. What is the overhead variance? Is it overapplied or underapplied? $____________ Overapplied

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