1 [5 points). Our company uses normal absorption costing. We use machine hours (MHs) to allocate our manufacturing overhead (MOH) costs. We do not allocate non-manufacturing costs to units. The table below shows (i) 2019 budgeted expense amounts, prepared at the beginning of 2019, and (ii) 2019 actual expense amounts, prepared at the end of 2019: Direct materials Direct labor Selling expenses Salaries of factory managers and production engineers Indirect materials Advertising expenses Rental of factory equipment Budget $1,300,000 $3,900,000 $5,200,000 $2,600,000 $5,200,000 $2,600,000 $1,300,000 Actual $1,290,000 $4,130,000 $4,300,000 $2,900,000 $5,300,000 $2,500,000 $1,700,000 At the beginning of 2019, we estimated our 2019 annual MHs at 1,340,000; we estimated our 2019 annual direct labor hours (DLHS) at 2,275,000. At the end of 2019, we computed our actual 2019 MHs = 1,440,000 and our actual DLHs = 2,310,000. The estimated MOH rate per machine hour we used in 2019 was closest to: A. $4.85 B. $6.79 C. $7.39 D. $8.73 E. $9.25