Assume the following costs in 2019: Estimated manufacturing overhead $234,000 Estimated direct labor costs $260,000 Actual overhead costs $280,000 Actual direct labor costs $295,000 What is the predeterminedoverhead rate based on direct labor costs?
a. 0.90
b. 1.11
c. 0.88
d.1.25
Answers: 2
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Assume the following costs in 2019: Estimated manufacturing overhead $234,000 Estimated direct labor...
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