Managerial Accounting question?

Question

At the end of the year, actual manufacturing overhead costs were $110,000 and applied manufacturing overhead costs were $118,000. If the denominator activity for the year was 20,000 machine hours, and if 22,000 standard machine hours were allowed for the year's production, the predetermined overhead rate per machine hour was

A. $5.94

B. $5.50

C. $5.40

Answer 1

B.