Question 25 Kimble Company applies overhead on the basis of machine hours. Given the following that comprend pled wat under or overapplication of overhead for the period COST Estimated annual overhead Actual annual overhead cost Estimated machine hours Actual machine hours 51.600.000 $1.575.000 400.000 390.000 $1,575.000 applied and neither under nor overapplied $1,600,000 applied and $15,000 overapplied $1,560,000 applied and $15,000 underapplied $1,560,000 applied and $15.000 overapplied 5.4