The Thomlin Company forecasts that total overhead for the current year will be $11,089,000 with 198,000 total machine hours. Year to date, the actual overhead is $7,652,000 and the actual machine hours are 81,000 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 Round the factory overhead rate to the nearest dollar before multiplying by the number of hours. Oa. $4.674.000 underapplied Ob. S3,116,000 underapplied Oc. $3,116,000 overapplied Od. $4,674,000 overapplied

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A: Formula for predetermined overhead rate Predetermined Overhead Rate =Estimated Factory…

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A: The fixed overhead rate is as follows:

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A: As posted multiple sub parts we are answering only first three sub parts kindly repost the…

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A: Solution: Introduction: A budget is an estimation or a financial plan for a defined period, usually…

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A: The question is based on the concept of Cost Accounting.

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