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A corporation applies overhead on the basis of machine hours and used a predetermined overhead rate of $5.25 per machine hour for the Year 2021.

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A corporation applies overhead on the basis of machine hours and used a predetermined overhead rate of $5.25 per machine hour for the Year 2021. If the actual machine hours used were 32,452 and the actual manufacturing overhead was $176,285, what is applied overhead for Year 2021? O $5,912 underapplied O $5.912 overapplied O $170.373 overapplied $176,285 underapplied

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