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Predetermined overhead rate based on machine

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Question: The Thomlin Company forecasts that total overhead for the current year will be $11,264,156 and that total machine hours will be 163,286 hours. Year to date, the actual overhead is $7,985,049 and the actual machine hours are 87,181 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 over/under applied by?

Reference no: EM131158582

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