The Tomlin Company forecasts that a total overhead for the current year will be $15,000,000 and that total machine hours will be 200,000 hours. Year to date, the actual overhead is $15,000,000 and the actual machine hours are 220,000 hours. If the Tomlin company uses a predetermined overhead rate based on machine hours of applying overhead, as of this point in time (year to date) the overhead is over/under applied by a. $1,000,000 over b. $1,000,000 under c. $500,00 over d. 500,000 under Poobah Manufacturers Inc. has estimated total factory overhead costs of $95,000 and 10,000 direct labor hours for the current fiscal year. If job 117 incurred 1,600 direct labor hours, the work in process account will be debited and factory overhead will be credited for a. $15,200 b. $0: WIP is credited c. $95,000 d. $1,600 During the period, labor cost incurred on account amounted to $250,000 including $200,000 for production orders and $50,000 for general factory used. In addition, factory overhead charged to production was $23,000. From the following, selected the entry to record the direct labor costs. a. Work in Process 200,000 Wages Payable 200,000 b. Work in proess 250,000 Wages Payable 250,000 c. Wages payable 250,000 Work in process 250,000 d. Wages Payable 200,000 Work in Process 200,000