Technical Seminar Google Top New Mechanic Pharoah Company prepared the following data in its static budget based on 151000 machine hours: coscience 2011 yo O 0 Show Direct Materials Direct Labour Variable Overhead Fixed Overhead $ 454000 225000 1162700 2097000 Actual Results: Machine Hours Direct Materials Direct Labour Variable Overhead Fixed Overhead 161000 hours $478000 243000 1155000 2109000 What was the budgeted variable costs per machine hour for variable overhead rounded to the nearest whole cent! 57.22 machine hour $7.70/machine houn 521.59/machine hour $20.27/machine hour