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Metalica Company applies overhead based on mochine hours. At the beginning of 20x1, the company estimated that manufacturing overhead would be $374,000, and machine hours

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Metalica Company applies overhead based on mochine hours. At the beginning of 20x1, the company estimated that manufacturing overhead would be $374,000, and machine hours would total 17,000. By 201 year-end, actual overhead totaled $396,000, and actual,machine hours were 22,000 . On the basis of this information, the 201 predetermined overhead rate was: Multiple Choice $17 per machine hour. $006 per machine hour \$22 per machine haur 518 per macrune hour. so 05 per machine hour

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