Pinacle Corp. budgeted $229,460 of overhead cost for the current year. Actual overhead costs for the

Pinacle Corp. budgeted $229,460 of overhead cost for the current year. Actual overhead costs for the year were $214,920. Pinacle's plantwide allocation base, machine hours, was budgeted at 47,190 hours. Actual machine hours were 58,230. A total of 101,730 units was budgeted to be produced and 98,000 units were actually produced. Pinacle's plantwide factory overhead rate for the current year is:

a. $2.26 per machine hour

b. $2.11 per machine hour

c. $4.86 per machine hour

d. $4.55 per machine hour

"Need help with this or a similar paper? Order now to get instant help. Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!":

Get started