If budgeted cost in indirect cost pool is $144500 and total quantity of cost allocation base is $165500, then budgeted indirect cost rate will be

If budgeted cost in indirect cost pool is $144500 and total quantity o

1.	If budgeted cost in indirect cost pool is $144500 and total quantity of cost allocation base is $165500, then budgeted indirect cost rate will be
A.	7.30%
B.	7.31%
C.	5.50%
D.	5.50%
Answer» C. 5.50%