The Thomlin Company forecasts that total overhead for the current year will be $11,680,000 with 168,000 total machine hours. Year to date, the actual overhead is $7,561,000 and the actual machine hours are 86,000 hours. If the Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, as of this point in time (year to date), the overhead is ? Round the factory overhead rate to the nearest dollar before multiplying by the number of hours. Oa. $2,311,500 overapplied Ob. $1.541,000 underapplied Oc. $2,311,500 underapplied Od. $1,541,000 overapplied