Question: Thomlin Company forecasts that total overhead for the current year will be $7548241 with 920084 total machine hours. Year to date, the actual overhead is

Thomlin Company forecasts that total overhead for the current year will be $7548241 with 920084 total machine hours. Year to date, the actual overhead is $7,859,000 and the actual machine hours are 100,000 hours. The predetermined overhead rate based on machine hours is

Round the factory overhead rate to the nearest dollar before multiplying by the number of hours.

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