Final answer:
To determine if the jobs were overcosted or undercosted, we need to compare the actual cost with the estimated cost. If the actual cost is higher than the estimated cost, the jobs were overcosted. If the actual cost is lower than the estimated cost, the jobs were undercosted.
Step-by-step explanation:
The question asks whether the jobs were overcosted or undercosted, and by how much. To answer this question, we need more specific information on the jobs in question. Were they individual jobs or a group of jobs? To determine if they were overcosted or undercosted, we need to compare the actual cost with the estimated cost. If the actual cost is higher than the estimated cost, the jobs were overcosted. If the actual cost is lower than the estimated cost, the jobs were undercosted. Additionally, the difference in cost can indicate how much the jobs were overcosted or undercosted by. To determine the exact amount, we would need the specific cost figures.