The thomlin company forecasts that total overhead for the, Accounting Basics

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The thomlin company forecasts that total overhead for the

The Thomlin Company forecasts that total overhead for the current year will be $11,799,483 and that total machine hours will be 171,995 hours. Year to date, the actual overhead is $7,659,310 and the actual machine hours are 91,634 hours. If the Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, what is that overhead rate?

Select the correct answer.

$84 per machine hour
$69 per machine hour
$45 per machine hour
$129 per machine hour

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