Pinnacle Corp. budgeted $271,900 of overhead cost for the current year. Actual overhead costs for the year were $220,400. Pinnacle's plantwide allocation base, machine hours, was budgeted at 52,970 hours. Actual machine hours were 43,910. A total of 91,710 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. $4.16 per machine bour b. $5.13 per machine hour c. \$2.40 per machine hout d. $2.96 per machine hour Pinnacle Corp. budgeted $271,900 of overhead cost for the current year. Actual overhead costs for the year were $220,400. Pinnacle's plantwide allocation base, machine hours, was budgeted at 52,970 hours. Actual machine hours were 43,910. A total of 91,710 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. $4.16 per machine bour b. $5.13 per machine hour c. \$2.40 per machine hout d. $2.96 per machine hour