Pinnacle Corp. budgeted $258,100 of overhead cost for the current year. Actual overhead costs for the year were $229,240. Pinnacle's plantwide allocation base, machine hours, was budgeted at 45,490 hours. Actual machine hours were 45,520. A total of 97,090 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. $5.04 per machine hour b. $2.36 per machine hour O c. $5.67 per machine hour O d. $2.66 per machine hour

Pinnacle Corp. budgeted $258,100 of overhead cost for the current year. Actual overhead costs for the year were $229,240. Pinnacle's plantwide allocation base, machine hours, was budgeted at 45,490 hours. Actual machine hours were 45,520 . A total of 97,090 units was budgeted to be produced and 98,000 units were actually produced. Pinnacie's plantwide factory overhead rate for the current year is: a. $5.04 per machine hour b. $2.36 per machine bour c. $5.67 per machine hour d. 52.66 per machine hour