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Business, 31.03.2020 00:59 proutyhaylee

Tea Tree Manufacturing provided the following details for the year: Direct Materials Used $83,000; Direct Labor Incurred $191,000; Manufacturing Overhead Incurred $300,000; Manufacturing Overhead Allocated to production $$297,000; Costs of jobs completed and transferred $$500,000. Was Manufacturing Overhead overallocated or underallocated and by what amount?

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