The following budget data pertain to the Machining Department of Yolkenverst Co. 15 57,000 units Maximum capacity Machine hours per unit Variable factory overhead Fixed factory overhead 2.50 $ 4.60 per machine hour $430,100 uses machine hours as the basis for applying standard factory overhead costs to pro The company prepared the budget at 85% of the maximum capacity level The department The standard fxed overhead application rate for the Machining Department (to two decimal places) is Mutiple Choice 304 per machine hour $355 per machine hour $362 per machine hour $4 23 per machine hour $865 per machine hour