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Managerial Accounting T120 Assume a company had planned/budgeted for $2,500,000 of overheads (OIDs) in one year and budgrant to 1 021 Machine Hours (MH) AND they used MH as their main overhead cost driver activity Assume at the end of the year, the Actual MHs were 5,200 If the Actual OHDs are $2.450,000, what are the UNDER or OVER applied OHDS? Select one: O a. $50,000 OVER applied O b. $150,000 OVER applied c. $150,000 UNDER applied d. $50,000 UNDER applied