Camm Corporation has two manufacturing departments-Forming and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: FormingAssemblyTotalEstimated total machine-hours (MHs) 3,000 2,000 5,000Estimated total fixed manufacturing overhead cost$12,600$4,600$17,200Estimated variable manufacturing overhead cost per MH$1.70$2.50 Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. The departmental predetermined overhead rate in the Assembly Department is closest to:
A. $2.30
B. $2.50
C. $4.80
D. $5.46
Answer: C
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