Treasurers, Inc., a manufacturer of gift articles, uses a single plantwide rate to allocate indirect costs with machine hours as the allocation base. Estimated overhead costs for the year are $6,000,000. Estimated machine hours are 29,000. During the year, the actual machine hours used were 50,000. Calculate the predetermined overhead allocation rate. (Round your answer to the nearest dollar.) Select one: A. $88 O B. $63 C. $207 D. $120