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Business, 13.10.2020 03:01 kerryjenkins300

Crinkle Cut Clothes Company manufactures two products CC1 and CC2. Current direct material and direct labor costs are detailed below. Next year the company wishes to use a plantwide overhead rate with direct labor hours as its allocation base. Next year's overhead is estimated to be $367,120. The direct labor and direct materials costs are estimated to be consistent with the current year. Direct labor costs $25 per hour and the company expects to manufacture 34,000 units of CC1 and 103,000 units of CC2 next year. Direct material per unit Direct labor dollar per unitCC1 $38.30 $17.50CC2 $26.40 $16.50Compute the plantwide overhead rate for next year.

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