Question: Can someone please help explain this??? A company expected its annual overhead costs to be $767600 and machine hours to equal 101000 hours. Actual overhead

Can someone please help explain this???

A company expected its annual overhead costs to be $767600 and machine hours to equal 101000 hours. Actual overhead was $746000, and actual machine hours totalled 97000 hours. How much overhead was over or underapplied? O $8800 underapplied $30400 underapplied O O $31000 over-applied 0 $21270 underapplied

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