Bakos Corporation bases its predetermined overhead rate on variable manufacturing overhead cost of $8.80 per machine-hour and fixed manufacturing overhead cost of $100,688 per period. If the denominator level of activity is 2,800 machine-hours, what would be the variable component in the predetermined overhead rate? Question 15 options: A) $35.96 B) $43.52 C) $44.76 D) $8.80