If an actual indirect cost incurred is $25000 and indirect cost allocated is $23000, then over allocated indirect cost would be
A. $48,000
B. -$2000
C. $2,000
D. -$48000
Answer: Option B
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Answer should be 2000 Bcz it's the case of overapplied
Answer should be - 2000, as its the case of under allocation.