Morataya Corporation has two manufacturing departments--Machining and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: MachiningAssemblyTotalEstimated total machine-hours (MHs) 7,000 3,000 10,000Estimated total fixed manufacturing overhead cost$39,200$6,600$45,800Estimated variable manufacturing overhead cost per MH$1.90$2.10 During the most recent month, the company started and completed two jobs--Job B and Job G. There were no beginning inventories. Data concerning those two jobs follow: Job BJob GDirect materials$14,800$8,300Direct labor cost$22,000$8,900Machining machine-hours 4,800 2,200Assembly machine-hours 1,200 1,800 Assume that the company uses a plantwide predetermined manufacturing overhead
rate based on machine-hours. That predetermined manufacturing overhead rate is closest to:
A. $4.00
B. $6.54
C. $7.50
D. $4.58
Answer: B
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