Question: Reyes Corporation applies overhead using a normal costing approach based upon machine-hours. Budgeted factory overhead was $268.416, budgeted machine-hours were 18.640. Actual factory overhead vres

Reyes Corporation applies overhead using a normal costing approach based upon machine-hours. Budgeted factory overhead was $268.416, budgeted machine-hours were 18.640. Actual factory overhead vres $288.620, actual machine-hours were 19,190. How much is the over- or underapplied overhead? Multiple Choice $7,155 overapplied. $19,439 underapplied. $12,284 underapplied. O $0

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