49) Felton Quality Productions uses a predetermined overhead allocation rate based on machine hours. It has provided the following information for the year 2014: Actual manufacturing overhead costs incurred Manufacturing overhead costs allocated to production Actual direct materials cost Actual direct labor cost Actual direct labor hours $90,000 $42,500 $220,000 $46,000 2,000 Based on the above information, calculate the manufacturing overhead rate applied by Felton Quality A) $3.00 per machine hour C) $7.33 per machine hour B) $1.42 per machine hour D) $1.53 per machine hour 49) Felton Quality Productions uses a predetermined overhead allocation rate based on machine hours. It has provided the following information for the year 2014: Actual manufacturing overhead costs incurred Manufacturing overhead costs allocated to production Actual direct materials cost Actual direct labor cost Actual direct labor hours $90,000 $42,500 $220,000 $46,000 2,000 Based on the above information, calculate the manufacturing overhead rate applied by Felton Quality A) $3.00 per machine hour C) $7.33 per machine hour B) $1.42 per machine hour D) $1.53 per machine hour