Treasurers, Inc., a manufacturer of gift articles, uses a single plantwide rate to allocate indirect costs with machine hours as the allocation base. Estimated overhead costs for the year are $9,000,000. Estimated machine hours are 30,000. During the year, the actual machine hours used were 44,000.
Calculate the predetermined overhead allocation rate.
A) $205
B) $153
C) $300
D) $120
C) $300
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