Pinnacle Corp. budgeted $254,600 of overhead cost for the current year. Actual overhead costs for the year were $210,580. Pinnacle's plantwide allocation base, machine hours, was budgeted at 49,430 hours. Actual machine hours were 55,710. A total of 97,960 units was budgeted to be produced and 98,000 units were actually produced. Pinnacle's plantwide factory overhead rate for the current year is: O a. $5.15 per machine hour O b. $4.26 per machine hour O c. $2.60 per machine hour Od. $2.15 per machine hour

Pinnacle Corp. budgeted $254,600 of overhead cost for the current yoar. Actual overtiead costs for the year were $210,580. Pinnacle's plantwide allocation base, machine hours, was budgeted at 49,430 hours. Actual machine hours were 55,710, A total of 97,960 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. 55.15 per machine hour b. $426 per machine beur c $260 per machune hour d. 32.15 per machine hour