Estimated Factory Overhead costs for the year for Kirkland Manufacturing is $700,000. Actual overhead costs for the year were $650,000. Kirkland Manufacturing uses a single plantwide Factory Overhead rate to allocate overhead costs based on machine hours. Budgeted machine hours, for the year are 100,000 machine hours. The actual number of machine hours were 80,000 machine hours. A total of 100,000 units was budgeted to be produced and 98,000 units were actually produced.Kirkland Manufacturing's plantwide factory overhead rate for the current year is: $8.13 per machine hour $7.00 per machine hour $6.50 per machine hour $8.75 per machine hour