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

Multiple Choice

Acton 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 applied manufacturing overhead for the year is closest to:

A) $136,269
B) $138,348
C) $136,987
D) $137,630