Dejarnette Corporation Uses a Job-Order Costing System with a Single

Multiple Choice

Dejarnette Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:

-The predetermined overhead rate is closest to:

A) $8.30 per machine-hour
B) $11.40 per machine-hour
C) $5.20 per machine-hour
D) $3.10 per machine-hour