Question: Marlon Company allocates overhead based on machine hours used on a job. The predetermined overhead rate is $15 per machine hour. If 6,000 machine hours

Marlon Company allocates overhead based on machine hours used on a job. The predetermined overhead rate is $15 per machine hour. If 6,000 machine hours were used on jobs and $97,000 in overhead costs were incurred, what is the amount of underapplied or overapplied overhead?

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