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1. Overhead costs: A) Include Product Advertising Costs. B) Cannot be traced to units of pro C) Only B and C are true with regard to overhead costs. E) A, B and Care all true with regard to overhead costs. be traced to units of product in the same way that direct materials can. e traced to units of product in the same way that direct labor can. - Ridley Company estimates that overhead costs for the next year will be 50, erhead costs for the next year will be $6,870,000 for indirect labor and $450,000 for factory utilities. The company uses machine hours as its overhead allocation base. If 160,000 machine hours are planned for this next year what is the company's plantwide overhead rate? A) $.02186 per machine hour. B) $42.9375 per machine hour. C) $45.75 per machine hour. D) $2.8125 per machine hour. E) $.3555 per machine hour. 3. A company estimates that overhead costs for the next year will be $9.234,000 for indirect labor and $156,800 for factory utilities. The company uses machine hours as its overhead allocation base. If 500,000 machine hours are planned for this next year, what is the company's plantwide overhead rate? (Round to two decimal places) A) $0.05 per machine hour. B) $18.47 per machine hour. C) $18.78 per machine hour. D $0.31 per machine hour. E $3.19 per machine hour