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Pinnacle Corp. budgeted $251,270 of overhead cost for the current year. Actual overhead costs for the year were $238,260. Pinnacle's plantwide allocation base, machine hours,
Pinnacle Corp. budgeted $251,270 of overhead cost for the current year. Actual overhead costs for the year were $238,260. Pinnacle's plantwide allocation base, machine hours, was budgeted at 54,760 hours. Actual machine hours were 54,030. A total of 94,700 units was budgeted to be produced and 98,000 units were actually produced. Pinnacle's plantwide factory overhead rate for the current year is: a. $4.59 per machine hour b. $2.52 per machine hour c. $4.35 per machine hour d. $2.65 per machine hour
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