A company had annual budgeted overheads of $2137060 and used Machine Hours as the cost driver...

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A company had annual budgeted overheads of $2137060 and used Machine Hours as the cost driver and budgeted to run the business at 9808. Step 1 - Calculate the Predertermined Overhead Rate (POHR) for this company. If Total Actual Machine Hours during the period was 10416 and the Actual Overhead was $2060373, calculate the over or under applied overhead. (Note if the OHD is overapplied, enter your answer as a NEGATIVE (with a '-' in front) and if it is UNDERAPPLIED, the just enter the amount below. 4 Note- do NOT enter '$' signs etc, just enter the amount as a number with NO decimal places. A company had annual budgeted overheads of $2137060 and used Machine Hours as the cost driver and budgeted to run the business at 9808. Step 1 - Calculate the Predertermined Overhead Rate (POHR) for this company. If Total Actual Machine Hours during the period was 10416 and the Actual Overhead was $2060373, calculate the over or under applied overhead. (Note if the OHD is overapplied, enter your answer as a NEGATIVE (with a '-' in front) and if it is UNDERAPPLIED, the just enter the amount below. 4 Note- do NOT enter '$' signs etc, just enter the amount as a number with NO decimal places.

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