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What pinnacle plantwide factory overhead rate

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Problem 1: Pinnacle Corp. budgeted $208,620 of overhead cost for the current year. Actual overhead costs for the year were $204,560. Pinnacle's plantwide allocation base, machine hours, was budgeted at 51,080 hours. Actual machine hours were 57,110. A total of 100,270 units was budgeted to be produced and 98,000 units were actually produced. Pinnacle's plantwide factory overhead rate for the current year is:

a. $2.04 per machine hour

b. $2.08 per machine hour

c. $4.08 per machine hour

d. $4.00 per machine hour

Reference no: EM132741627

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