solve

View Policies Current Attempt in Progress A company expected its annual overhead costs to be $853980 and machine hours to equal 99300 hours. Actual overhead was $745700, and actual machine hours totalled 97800 hours. How much is the company's predetermined overhead rate to the nearest cent, assuming overhead is applied based on machine hours? O $8.73 O $8.60 O $7.51 O $7.62 Save for Later Attempts: 0 of 2 used Submit Answer Using multiple attempts will impact your score. 20% score reduction after attempt 1