Acme Inc. applies manufacturing overhead using an ABC system. The total estimated overhead cost for the current year is $4,480,000. Here are selected data regarding the three activity based allocation rates: Activity Setups Assembly Packaging Estimated costs Estimated usage 1,600 setups Allocation base Setups Machine hours Units packaged ? ? $800,000 300 per setup 32 per machine hour To simplify its job costing system, Acme is thinking about using a single overhead rate with machine hours as the allocation base. If Acme used a single overhead rate based on machine hours rather than an ABC system, what would be the plantwide overhead rate? $44.80 $41.60 $48.80 $49.60 None of the above

all hours rather than an ABC system, what would be the plathide oveticas ar? To simplify its job costing system, Aun we If Acme used a singe ore wime orethed are