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Pinnacle Corp. budgeted $233,290 of overhead cost for the current year. Actual overhead costs for the year were $217,080. Pinnacle's plantwide allocation base, machine hours,
Pinnacle Corp. budgeted $233,290 of overhead cost for the current year. Actual overhead costs for the year were $217,080. Pinnacle's plantwide allocation base, machine hours, was budgeted at 54,920 hours. Actual machine hours 52,670. A total of 97,420 units was budgeted to be produced and 98,000 units were actually produced. Pinnacle's plantwide factory overhead rate for the current year is:
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