At the beginning of the accounting period, Nutrition Incorporated estimated that total fixed overhead cost would be $119,370 and that sales volume would be 23,000 units. At the end of the accounting period actual fixed overhead cost amounted to $132,170 and actual sales volume was 17,500 units. Nutrition uses a predetermined overhead rate and a cost plus pricing model to establish its sales price. Based on this information the predetermined overhead rate is

$5.19.

$5.74.

$4.73.

$5.23.