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Doug Pederson Corporation bases its predetermined overhead rate on machine-hours. Data for 2017 appear below: Estimated machine-hours Estimated total manufacturing overhead Actual machine-hours Actual total

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Doug Pederson Corporation bases its predetermined overhead rate on machine-hours. Data for 2017 appear below: Estimated machine-hours Estimated total manufacturing overhead Actual machine-hours Actual total manufacturing overhead 72,700 $1,064,070 74,100 $1,124,000 The predetermined overhead rate for 2017 was closest to: Multiple Choice $8.67 O $9.30 $14.64 $6.83

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