Question: Thomlin Company forecasts that total overhead for the current year will be $8,234,000 with 179,000 total machine hours. Year to date, the actual overhead is

Thomlin Company forecasts that total overhead for the current year will be $8,234,000 with 179,000 total machine hours. Year to date, the actual overhead is $4,831,400, and the actual machine hours are 98,600 hours. If 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

a.$295,800 overapplied

b.$241,200 overapplied

c.$295,800 underapplied

d.$241,200 underapplied

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