TB MC Qu, 17-99 (Algo) A company budgets overhead cost of... A company budgets overhead cost of $8,727,500 for the next year. The compamy uses machine bours as its overtiead allocation base. If 520,000 machine hours are planned for the next yeac, what is the company's plantwide overhead rate? (Round your answer to two decimal places.) Mutiple choice $16.46 per machine houe so.0G per mochine hour. $3.10 per machine hour. $0.32 per machine hout. $16.78 per machine hour