Company 2 applies overhead to jobs using a predetermined overhead rate based on machine-hours. At the beginning of the en company estimated that it would work 37,000 machine-hours and incur $222,000...

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Extracted text: Company 2 applies overhead to jobs using a predetermined overhead rate based on machine-hours. At the beginning of the en company estimated that it would work 37,000 machine-hours and incur $222,000 in manufacturing overhead cost. What is the predetermined overhead rate? Oa $12 per machine hour Ob $6 per machine hour Oc $20 per machine hour O d. $10 per machine hour Next