Question: Reyes Corporation applies overhead using a normal costing approach based upon machine-hours. Budgeted factory overhead was $270,720, and budgeted mochine-hours were 18,800 . Actual factory

Reyes Corporation applies overhead using a normal costing approach based upon machine-hours. Budgeted factory overhead was $270,720, and budgeted mochine-hours were 18,800 . Actual factory overhead was $289,420, and actual machine-hours were 19,350 . How much is the over-or underapplied overheod? Multiple Choice $17,059 underapplied stopro underapplied 56,279 overapplied 50

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