for 2014, bakers manufacturing uses machine-hours as the only overhead cost-allocation base. the direct cost rate is $3.00 per unit. the selling price of the product is $20.00. the estimated manufacturing overhead costs are $240,000 and estimated 40,000 machine hours. the actual manufacturing overhead costs are $300,000 and actual machine hours are 50,000. what is the markup as a percentage of cost if each unit requires two machine-hours? question 7 options: 53.33% 66.67% 33.33% 58.73% none of the above.