Use the following information for the next 4 questions.
Burkett Company uses a standard cost system. Indirect costs were budgeted at $200,000 plus $15 per direct labor hour. The overhead rate is based on 10,000 hours. Actual results were: 
-The over- or underapplied overhead was
Definitions:
Life Expectancy
The average period that an individual is expected to live, based on statistical analysis.
Thomas Theorem
A theory in sociology stating that if people perceive a situation as real, it will have real consequences for them.
Situations
Specific instances or sets of conditions that affect individuals or groups at a particular time and place.
Primary Socialization
Is the process of acquiring the basic skills needed to function in society during childhood. Primary socialization usually takes place in a family.
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