Acme Company manufactures widgets and uses a standard cost a…

Acme Company manufactures widgets and uses a standard cost accounting system. Acme applies manufacturing overhead based on machine hours and the machine hour standard is 5.0 hours per widget. During the current year, actual production is 15,000 units and actual fixed manufacturing overhead costs are $585,000. Budgeted fixed manufacturing overhead costs are $630,000 and the fixed manufacturing overhead volume variance is $30,000 unfavorable. What is Acme’s standard fixed manufacturing overhead rate per machine hour?