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Business, 20.09.2019 00:00 glocurlsprinces

Tech solutions computes its predetermined overhead rate annually on the basis of direct labor-hours. at the beginning of the year, it estimated that 62,500 direct labor-hours would be required for the period’s estimated level of client service. the company also estimated $437,500 of fixed overhead cost for the coming period and variable overhead of $0.50 per direct labor-hour. the firm’s actual overhead cost for the year was $458,000 and its actual total direct labor was 67,150 hours. required: 1. compute the predetermined overhead rate

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