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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

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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 Kincurred $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 overatiocated overhead. (Use parentheses or a minus sign for overallocated overhead.) Actual MOH Allocated MOH A (Over) Under Allocated

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