Yankees Company Had the Following Information $\text { Budgeted cost-driver activity levels: }$

Yankees Company had the following information: $\begin{array}{ll}\text { Budgeted variable factory overhead } & \$ 66,000 \\\text { Budgeted fixed factory overhead } & \$ 46,500 \\& \\\text { Actual variable factory overhead } & \$ 67,500 \\\text { Actual fixed factory overhead } & \$ 52,500\end{array}$
$\text { Budgeted cost-driver activity levels: }$
$\begin{array}{lr}\text { Direct-labor hours } & 30,000 \\\text { Direct-labor costs } & \$ 150,000 \\\text { Machine hours } & 60,000 \\\text { Production setups } & 15,000\end{array}$
$\text { Actual cost-driver activity levels: }$
$\begin{array}{lr}\text { Direct-labor hours } & 31,500 \\\text { Direct-labor costs } & \$ 165,600 \\\text { Machine hours } & 56,190 \\\text { Production setups } & 14,280\end{array}$ The budgeted factory-overhead rate using production setups as the cost driver is _____.

A) $7.88
B) $8.00
C) $7.50
D) $8.40