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Roget Factory has budgeted factory overhead for the year at $ 4 , 5 7 3 , 8 0 0 . It plans to produce

Roget Factory has budgeted factory overhead for the year at $4,573,800. It plans to produce 2,000,000 units of product. Budgeted direct labor hours are 363,000, 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. $12.60
b. $6.30
c. $16.38
d. $60.48
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