Odonell Corporation Estimates That Its Variable Manufacturing Overhead Is $11

Multiple Choice

Odonell Corporation estimates that its variable manufacturing overhead is $11.20 per machine-hour and its fixed manufacturing overhead is $563,640 per period.
-If the denominator level of activity is 1,000 machine-hours, the fixed component in the predetermined overhead rate would be:

A) $24.23 per machine-hour
B) $14.63 per machine-hour
C) $960.00 per machine-hour
D) $9.60 per machine-hour