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

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 predetermined overhead rate is closest to:

A) $36.60
B) $36.41
C) $36.24
D) $36.05