ABC Company uses a normal costing system. If the Budgeted Manufacturing overhead rate was JD 6 per machine hour, manufacturing overhead was over allocated by JD 320,000, and actual machine hours were 560,000 hours; What was the actual manufacturing overhead cost? Time left 0:06:49 MMM Manufacturing is a snl manufacturer using machine-hours as the single cost allocation base to allocate manufacturing overhead costs to various jobs contracted during the year. The following estimates are provided for the coming year for the company. Company JD Direct material 100,000 Direct manufacturing labor 20,000 Manufacturing overhead costs 80,000 Machine hours 200,000 machine hours determine the annual manufacturing overhead cost allocation rate. 40%. 160%. 60%. 100%