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Pinnacle Corp. budgeted $263,710 of overhead cost for the current year. Actual overhead costs for the year were $255,350. Pinnacle's plantwide allocation base, machine hours,
Pinnacle Corp. budgeted $263,710 of overhead cost for the current year. Actual overhead costs for the year were $255,350. Pinnacle's plantwide allocation base, machine hours, was budgeted at 49,070 hours. Actual machine hours were 50,820. A total of 99,980 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. $2.64 per machine hour Ob. $2.55 per machine hour Oc. $5.37 per machine hour Od. $5.20 per machine hour
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