Acheson Corporation, Which Applies Manufacturing Overhead on the Basis of Machine-Hours

Multiple Choice

Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations. The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year.The predetermined overhead rate is closest to:

A) $34.06
B) $34.90
C) $34.67
D) $35.52