Question
Thomlin Company forecasts that total factory overhead for the current year will be $12,338,000 with 199,000 total machine hours. Year to date, the actual
Thomlin Company forecasts that total factory overhead for the current year will be $12,338,000 with 199,000 total machine hours. Year to date, the actual overhead is $5,766,400, and the actual machine hours are 90,100 hours. If Thomlin Company uses a predetermined factory overhead rate based on machine hours for applying overhead, as of this point in time (year to date), the overhead is a. $180,200 underapplied b. $180,200 overapplied c. $217,800 underapplied Od. $217,800 overapplied
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