Homework Save& Exit Submit Saved Help Check my work Tom's Tool & Die uses a predetermined factory overhead rate based on machine-hours. For August, Tom's budgeted overhead was $648,000 based on a budgeted volume of 54,000 machine-hours. Actual overhead amounted to $550,000 with actual machine- hours totaling 46,000 Required: What was over- or underapplied manufacturing overhead in August? (Do not round intermediate calculations.) ok overhead nt onces 2 of 3 Next >