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Acheson Corporation, which applies manufacturing overhead on the basis of machine hours, has provided the following data for its most recent year of operations Estimated

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Acheson Corporation, which applies manufacturing overhead on the basis of machine hours, has provided the following data for its most recent year of operations Estimated manufacturing overhead Estimated machine-hours Actual manufacturing overhead Actual machine-hours $157,050 4,500 $156,000 4,580 The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year The applied manufacturing overhead for the year is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $158.789 The applied manufacturing overhead for the year is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice O $158,789 O $159,842 O $155,995 O S162,682

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