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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

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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 $7,000,000. Estimated machine hours are 37,000. During the year, the actual machine hours used were 45,000. Calculate the predetermined overhead allocation rate. (Round your answer to the nearest dollar.) O A $74 O B. $111 OC. $156 OD. $189 Click to select your

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