Policies ent Attempt in Progress me following information was taken from the annual manufacturing overhead cost budget of Marigold Corp.. Wariable manufacturing overhead costs $63950 Fixed manufacturing overhead costs $40000. Normal production level in labor hours 23100 Normal production level in units 5775 Standard labor hours per unit During the year, 5600 units were produced, 20340 hours were worked, and the actual manufacturing overhead was $151200 fixed manufacturing overhead costs equaled budgeted fixed manufacturing overhead costs. Overhead is applied on the basis e abor hours. Marigold's total overhead rate is O $2.31. O $6.53. $4.00. O $4.50