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Langly Company Provided the Following Data A What Is Applied Overhead?
B

question 101

Essay

Langly Company provided the following data:
 Budgeted overhead $100,000 Budgeted direct labour hours 10,000 Actual overhead $99,000 Actual direct labour hours 11,000\begin{array} { l r } \text { Budgeted overhead } & \$ 100,000 \\\text { Budgeted direct labour hours } & 10,000 \\\text { Actual overhead } & \$ 99,000 \\\text { Actual direct labour hours } & 11,000\end{array} A. What is applied overhead?
B. What is the overhead variance? Is it overapplied or underapplied?


Definitions:

Data Labels

Text or numerical indicators used in charts or graphs to describe the data being displayed, making it easier to understand.

Chart Legend

A key or explanation of the symbols and colors used in a chart, helping the reader to understand the data presented.

Show Markup

A feature in document and text editors that displays changes, comments, and edits made to a document.

Restrict Document Editing

Restrict Document Editing is a feature in document creation software that limits how others can modify or edit the document.

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