Kimble Company applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under- or overapplication of overhead for the period: 
A) $1,560,000 applied and $15,000 overapplied
B) $1,600,000 applied and $15,000 overapplied
C) $1,560,000 applied and $15,000 underapplied
D) $1,575,000 applied and neither under-nor overapplied
Correct Answer:
Verified
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