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Calculator The Thomlin Company forecasts that total overhead for the current year will be $11,579,000 with 180,000 total machine hours. Year to date, the actual
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- The Thomlin Company forecasts that total overhead for the current year will be $11,579,000 with 180,000 total machine hours. Year to date, the actual overhead is $7,887,000 and the actual machine hours are 92,000 hours. If the Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, as of this point in time (year to date), the overhead is
- Round the factory overhead rate to the nearest dollar before multiplying by the number of hours.
- a.$2,998,500 underapplied
- b.$2,998,500 overapplied
- c.$1,999,000 overapplied
- d.$1,999,000 underapplied
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