Question: Can you help me solve this general accounting problem with the correct methodology? The following information was gathered for all the products manufactured by SoundTech

Can you help me solve this general accounting problem with the correct methodology?

The following information was gathered for all the products manufactured by SoundTech Corporation: Budgeted direct labor hours: 40,000 Actual direct labor hours: 42,500 Budgeted factory overhead costs: $200,000 Actual factory overhead costs: $210,250 Assume the cost driver for factory overhead is direct labor hours. What is the amount of overapplied or underapplied overhead

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