Wiley Corporation Bases Its Predetermined Overhead Rate on Variable Manufacturing

Multiple Choice

Wiley Corporation bases its predetermined overhead rate on variable manufacturing overhead cost of $13.90 per machine-hour and fixed manufacturing overhead cost of $944,300 per period. If the denominator level of activity is 7,100 machine-hours, the predetermined overhead rate would be:

A) $1,390.00
B) $146.90
C) $13.90
D) $133.00