bella, inc. manufactures two kinds of bagslong dashtotes and satchels. the company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. estimated overhead costs for the year are $ 24 comma 750. additional estimated information is given below. totes satchels direct materials cost per unit $ 31 $ 41 direct labor cost per unit $ 51 $ 63 number of units 500 360 calculate the predetermined overhead allocation rate. (round your answer to two decimal places.)

51.369%

Explanation:

Given that,

Estimated overhead costs for the year = $24,750

Totes:

Direct materials cost per unit = $31

Direct labor cost per unit = $51

Number of units = 500

Satchels:

Direct materials cost per unit = $41

Direct labor cost per unit = $63

Number of units = 360

Estimated direct labor:

=  (Direct labor cost per unit × No. of units) of Totes +  (Direct labor cost per unit × No. of units) of Satchels

= ($51 × 500) + ($63 × 360)

= $25,500 + $22,680

= $48,180

Predetermine overhead allocation rate:

= 51.369%

the first one $24,630