med Watkins, Inc. estimates direct labor costs and manufacturing overhead costs for the following year to be $750,000 and $540,000, respectively, Watkins allocates overhead costs based on machine hours. The estimated total labor hours and machine hours for the coming year are 18,000 hours and 8,000 hours, respectively. What is the predetermined overhead allocation rate? (Round your answer to the nearest cent.) 00 ag Select one A. $93.75 per machine hour B. $60.00 per labor hour C $67.50 per machine hour D. $1.39 pet labor hour Previous page Next