Based on expected production of 200,000 units, factory overhead costs budgeted for the year were:

 

 Variable costs ($180,000) $0.90 per unit 

Total fixed costs ($ 70,000) $0.35 per unit 

Actual production achieved was 180,000 units.

Actual overhead costs incurred were:

Variable costs ($160,200) $0.89 per unit

Total fixed costs ($72,000) $0.40 per unit

The total amount of over/under applied overhead is:

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