The budgeted and actual figures shown below are available. Budgeted overheads: $460\,000; actual overheads: $420\,000. Budgeted labour hours: 28\,750; actual labour hours: 21\,000. Budgeted machine hours: 9\,200; actual machine hours: 7\,000. Which overheads absorption rate would be the most appropriate for the company?
- A$16$ per labour hour
- B$20$ per labour hour
- C$50$ per machine hour
- D$60$ per machine hour