Question: Current Attempt in Progress During 2022, Sunland Manufacturing expected Job No. 59 to incur $360000 of overhead cost, $560000 of direct materials cost, and
Current Attempt in Progress During 2022, Sunland Manufacturing expected Job No. 59 to incur $360000 of overhead cost, $560000 of direct materials cost, and $100000 in direct labor cost. Sunland applied overhead based on direct labor cost. Actual production required overhead cost of $290000, $580000 in direct materials used, and $200000 in direct labor. All of the goods were completed. What is the amount of over- or underapplied overhead?
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