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Rapier Woodworking Corporation produces fine cabinets. The company uses o job-order costing system in which its predetermined overhead rate is based on capacity. The capacity

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Rapier Woodworking Corporation produces fine cabinets. The company uses o job-order costing system in which its predetermined overhead rate is based on capacity. The capacity of the factory is determined by the capacity of its constraint, which is an automated jointer. Additional information is provided below for the most recent month: The predetermined overhead rate bosed on hours at capacity is closest to: Muitiple Choice $56,82 per hour $2271 per hour $48.00 per hour \$1930 per hour

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