23. help

The following data is given for Mandell Company Actual overhead costs $1,500,000 Budgeted overhead costs $1,400,000 Actual machine hours 130,000 hours Budgeted machine hours 119,000 hours What is the standard overhead allocation rate using machine hours for the allocation base? (Round the final answer to the nearest cent) OA. $11.54 per machine hour O B. $11 76 per machine hour O C. $12.61 per machine hour OD. $10.77 per machine hour