Yezzir Co. Uses budgeted factory overhead rate based on machine hours. For the month of October, Yezzir Co.'s budgeted factory overhead was P 500,000 based on budgeted volume of 5,000 machine hours. The actual overhead amounted to P986,800 with actual hours of 10,900. How much is the over/under applied? P103,200 P486,800 P52,624 None of the choices