Kim-Thomas, Inc. makes costumes for movies and television shows. Thomas Kimberly, the companys owner, prepared the following estimates for the upcoming year:

Manufacturing overhead cost		$848,000
Direct labor hours		50,000
Direct labor cost		$265,000
Machine hours		32,000

(b) Assume that Kim-Thomas applies manufacturing overhead on the basis of direct labor cost. During the year, $260,000 in direct labor cost was incurred. How much overhead was applied to work in process during the year? If actual manufacturing overhead for the year was $841,608, was overhead under-or overapplied during the year? By how much? (For computation purposes round overhead rates to 2 decimal places, e.g. 52.75%. Round final answers to O decimal places, e.g. 5,275.) Applied Overhead $ Overhead $ (c) Assume that Kim-Thomas applies manufacturing overhead on the basis of machine hours. During the year, 32,200 machine hours were worked. How much overhead was applied to work in process during the year? If actual manufacturing overhead for the year was $841,608, was overhead under-or overapplied during the year? By how much? (For computation purposes round overhead rates to 2 decimal places, e.g. 52.75. Round final answers to 0 decmial places, e.g. 5,275.) Applied Overhead $ Overhead $