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The Thomlin Company forecasts that total factory overhead for the current year will be $11,644,000...

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Accounting

The Thomlin Company forecasts that total factory overhead for the current year will be $11,644,000 with
190,000 total machine hours. Year to date, the actual factory overhead is $7,563,
actual machine
hours are 100,000 hours. If the Thomlin Company uses a predetermined overhea
d on machine
hours for applying overhead, as of this point in time (year to date), the overhead is
Round the factory overhead rate to the nearest dollar before multiplying by the number of hours.
a. $1,463,000 underapplied
b. $2,194,500 overapplied
c. $2,194,500 underapplied
d. $1,463,000 overapplied
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