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Recall that Life Fitness had estimated $1,000,000 of MOH for the year and 62,500 DL hours, resulting in a predetermined MOH rate of $16/DL hour.

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Recall that Life Fitness had estimated $1,000,000 of MOH for the year and 62,500 DL hours, resulting in a predetermined MOH rate of $16/DL hour. By the end of the year the company had actually incurred $975,000 of MOH costs and used a total of 60,000 DL hours on jobs. By how much had Life Fitness overallocated or underallocated MOH for the year? Compute the underallocated or overallocated overhead. (Use parentheses or a minus sign for overallocated overhead.) (Over) Under Actual MOH Allocated MOH Allocated

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