The Thomlin Company forecasts that total overhead for the current year will be $11,318,000 with 152,000 total machine hours. Year to date, the actual overhead is $7,912,000 and the actual machine hours are 96,000 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. $808,000 underapplied Ob. $1,131,200 overapplied Oc. $1,131,200 underapplied Od. $808,000 overapplied A company manufactured 50,000 units of a product at a cost of $450,000. It sold 45,000 units at $15 each. The gross profit is Oa. $240,000 Ob. $750,000 Oc. $270,000 Od. $600,000