2 points Saved QUESTION 10 The Thomlin Company forecasts that total overhead for the current year will be $15,000,000 and that total machine hours will be 200,000 hours. Year to date, the actual overhead is $15,500,000 and the actual machine hours are 220,000 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), by how much is the overhead is over/underapplied? $500,000 over $1,000,000 over $500,000 under $1,000,000 under 2 points Saved QUESTION 11 Poobah Manufacturers Inc. has estimated total factory overhead costs of $95,000 and 10,000 direct labour hours for the current fiscal year. If job number 117 incurred 1,600 direct labour hours, the work in process account will be debited and factory overhead will be credited for how much