Question: The tracker company forecasts that total overhead for the current year will be $14,500,000 with 250,000 total machine hours. Year to date the actual overhead

 The tracker company forecasts that total overhead for the current year

The tracker company forecasts that total overhead for the current year will be $14,500,000 with 250,000 total machine hours. Year to date the actual overhead is $16,000,000 and the actual machine hours are 3330,000 hours. As of the point in time (year to date), Tracker's overhead is 3,140,000 overapplied 1,500,000 underapplied 1,500,000 overapplied 3,140,000 underapplied

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