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Business, 22.09.2020 17:01 makikorising1226

Predetermined Factory Overhead Rate Exotic Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs and expenses for the coming period are as follows: Engine parts $959,000 Shop direct labor 700,000 Shop and repair equipment depreciation 46,100 Shop supervisor salaries 128,300 Shop property taxes 23,300 Shop supplies 17,900 Advertising expense 19,200 Administrative office salaries 82,500 Administrative office depreciation expense 10,500 Total costs and expenses $1,986,800 The average shop direct labor rate is $25.00 per hour. Determine the predetermined shop overhead rate per direct labor hour. Round the answer to nearest whole cent. $ per direct labor hour

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