How much was lopar''s overhead over


Lopar Company uses a predetermined overhead rate based on direct labor dollars. Lopar Company estimated that its 20x9 overhead would total $938,000 and that 20x9 direct labor costs would be $670,000. During 20x9, actual overhead costs were $960,000, and actual direct labor costs were $700,000. By how much was Lopar's overhead over- or underapplied?

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Accounting Basics: How much was lopar''s overhead over
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