Thomlin Company forecasts that total overhead for the current year will be $12,464,000 with 152,000 total...

Thomlin Company forecasts that total overhead for the current year will be $12,464,000 with 152,000 total machine hours. Year to date, the actual overhead is $8,299,800, and the actual machine hours are 95,400 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.$283,000 underapplied

b.$477,000 overapplied

c.$283,000 overapplied

d.$477,000 underapplied

Expert Solution

ekkarill92 answered 2 years ago

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