A company hadannual budgetedoverheads of $2084491 and used Machine Hours as the cost driver and budgeted to run the business at 9828. Step 1 - Calculate the Predertermined Overhead Rate (POHR) for this company.

If Actual Machine Hours during the period totalled 10443 and the Actual Overhead was $2099698, 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.