#BAC Multiple Choice Question 114 A company expected its annual overhead costs to be $705600 and machine hours to equal 98000 hours. Actual overhead was $745400, and actual machine hours fotsted 600 hours. How much is the company's predetermined overhead rate to the nearest cent, assuming overhead is applied based on machine hours O $7.61 O $7.20 O $7.70 57:29 Question Attempts: 0 of 1 used