Oscar co. 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: estimated annual overhead cost $1,200,000actual annual overhead cost $1,155,000estimated machine hours 400,000actual machine hours 380,000

This activity is important because as a marketing manager, you must allocate resources to reach your target market. during the strategic marketing process, managers move through three important phases to determine how to optimally allocate resources: a planning phase, an implementation phase, and an evaluation phase. in this interactive exercise, you are asked to review various strategic marketing actions and determine where in the strategic marketing process the action would occur. the goal of this exercise is to demonstrate your understanding of the strategic marketing process and related marketing actions.