Sanchez Consulting applies overhead to consulting projects based on the direct labor hours charged by employees to
Question:
Sanchez Consulting applies overhead to consulting projects based on the direct labor hours charged by employees to each job. Selected data for the firm follow:
What is the amount of over- or underapplied overhead for the month of November?
a. \($1,000\) underapplied
c. \($1,200\) underapplied
b. \($1,000\) overapplied
d. \($1,200\) overapplied
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