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Roget Factory has budgeted factory overhead for the year at $ 4 , 6 9 9 , 1 0 0 . It plans to produce

Roget Factory has budgeted factory overhead for the year at $4,699,100. It plans to produce 2,000,000 units of product. Budgeted direct labor hours are 343,000, and budgeted machine hours are 750,000. Using a single
plantwide factory overhead rate based on direct labor hours, the factory overhead rate (rounded to the nearest cent) for the year is
a. $17.81
b. $6.85
c. $13.70
d. $65.76
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