A company had annual budgeted overheads of $2082736 and used Machine Hours as the cost driver and budgeted to run the business at 10162. Step 1 - Calculate the Predertermined Overhead Rate (POHR) for this company.

If Total Actual Machine Hours during the period was 10323 and the Actual Overhead was $2224913, calculate the over or under applied overhead. (Note if the OHD is overapplied, enter your answer as a NEGATIVE (with a '-' in front) and if it is UNDERAPPLIED, the just enter the amount below.

Note - do NOT enter '$' signs etc, just enter the amount as a number with NO decimal places.