Brothern Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the most recently completed year appear below: ?Estimates made at the beginning of the year: ?Estimated machine-hours 31,400? ?Estimated variable manufacturing overhead$5.66?per machine-hour?Estimated total fixed manufacturing overhead$639,618? ?Actual machine-hours for the year 27,500? ?? The predetermined overhead rate for the recently completed year was closest to:
A. $26.03 per machine-hour
B. $5.66 per machine-hour
C. $20.37 per machine-hour
D. $25.33 per machine-hour
Answer: A
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