The thomlin company forecasts that total overhead for the current year will be $15,000,000 with 300,000 total machine hours. year to date, the actual overhead is $16,000,000 and the actual machine hours are 330,000 hours. if the 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. $1,000,000 over appliedb. $1,000,000 under appliedc. $500,000 over appliedd. $500,000 under applied
Answers: 3
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The thomlin company forecasts that total overhead for the current year will be $15,000,000 with 300,...
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