he _____ rate is the percentage of a company's customers (within a given span of time) who by the end of that time span have
1 answer:
You might be interested in
Answer:
$6.7 per direct labor hour
Explanation:
Given:
Direct labor-hours = 20,000
Fixed manufacturing overhead cost = $94,000
variable manufacturing overhead = $2.00 per direct labor-hour
Actual manufacturing overhead cost for the year = $123,900
Actual total direct labor = 21,000 hours
Now,
Total Estimated Manufacturing Overhead
= 94000 + ( 2 × 20000 )
= $134,000
And,
Predetremined Overhead Rate =
or
Predetremined Overhead Rate =
or
Predetremined Overhead Rate = $6.7 per direct labor hour