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Thomlin Company forecasts that total overhead for the current year will be $16,380,000 with 182,000 total machine hours. Year to date, the actual overhead is
Thomlin Company forecasts that total overhead for the current year will be $16,380,000 with 182,000 total machine hours. Year to date, the actual overhead is $7,533,000, and the actual machine hours are 81,000 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. $303,000 ove rapplied Ob. $243,000 overapplied Oc. $243,000 underapplied Od. $303,000 underapplied
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