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Thomlin Company forecasts that total overhead for the current year will be $14,245,000 with 185,000 total machine hours. Year to date, the actual overhead is
Thomlin Company forecasts that total overhead for the current year will be $14,245,000 with 185,000 total machine hours. Year to date, the actual overhead is $7,252,200, and the actual machine hours are 91,800 hours. If 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 a. $186,400 overapplied b. $183,600 underapplied c. $186,400 underapplied d. $183,600 overapplied
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